AASP 101- week 14 New Paradigms-1

AASP 101- week 14 New Paradigms-1 - AASP 101 New Paradigms...

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AASP 101 New Paradigms in Public Policy and the Black Community
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Black Population Characteristics Policy Much of the research on economic opportunity has focused on poverty and income inequality Failure to identify the rise of the “black middle class” Social and political dynamics; distrust of government, exit from urban centers, straddling cultures Specific Policy that has benefited the Black middle class is Affirmative Action Income Trends Significant gains since 1970’s Education Trends Sizeable majority of black degrees
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Black Population Characteristics Income Particulars $35,000 to $74,999 income range means being middleclass, 33 percent of American households are middle class. In 2000, 48 percent of white households have incomes ranging between $35,000 and $74,999 Latino households, this figure is 34 percent, For African American households , 30 percent are middle class, black upper-middle class (black elite) $100,000+ are 1%
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Black Population Characteristics Trends in Income In 1967, about 20 percent of African American households had a yearly income between $35,000 and $74,999 (in 2001 dollars). Between 1992 and 2001, the figure grew to its present level of 30 percent. Black middle class has increased by 50% over past decades In 2004, the median income of an African American household was $30,134 and the median income Latino household was $34,241. During the same period, median income for a white household was $48,977. Disparities in Income but growing middle class
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Middle Class Security 0% 20% 40% 60% 80% 100% National Average Black Families Latino Families Securely in Middle Class In-Between High Risk for Slippping Out of Middle Class, Threatened in 3 or More Factors
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Middle Class Security 75% of African American and 92% of Latino Middle Income Families without security Income disparities, Assetts, Housing Characteristics Assetts Savings for emergencies Debts greater than Assetts Intergenerational Effects on Education, Housing, Economic Circumstances
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Median Weekly Earnings by Race 0 100 200 300 400 500 600 700 800 900 2000 2002 2004 2006 2008 Whites Asians Blacks Hispanics Source: U.S. Bureau of Labor Statistics
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Black Population Characteristics Trends in housing Majority of African Americans Rent A little over 40% of African Americans Own
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This note was uploaded on 02/28/2012 for the course AASP 101 taught by Professor Dr.dinwiddie during the Fall '11 term at Maryland.

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AASP 101- week 14 New Paradigms-1 - AASP 101 New Paradigms...

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