February 19, 2020         
New ESA ‘Game Generation’ Campaign Shows Video Game Play Brings Benefits Beyond Fun   •   MISSION BBQ Customers Donate $350,420 to Wreaths Across America   •   South Metro Development Outlook Conference Honors Eight Female Mayors   •   Cruise Planners' CEO and Founder Michelle Fee Inducted into Sandals Resort International's Hall of Fame as Strong Female Executi   •   EWA Is Proud to Announce That Voviette Morgan, Special Agent in Charge, Los Angeles Office FBI, Has Been Selected for the EWA Ja   •   M&T Bank Designated as a Best Place to Work for LGBTQ Equality   •   AARP Nevada And Las Vegas Review-Journal Partner For Nevada Caucus Voter Education Campaign And Event   •   Santa Maria Philharmonic Presents Annual Youth Showcase   •   Comcast Celebrates the Year of the Rat With Continued Sponsorship of San Francisco’s Chinese New Year Festival & Parad   •   Jean-Yves Duclos tables the 2019-20 Supplementary Estimates (B)   •   Free Dental Care for Kids at GDA Foundation Give Kids a Smile Day   •   Fulton Mortgage Company Honored With First Annual Community Revitalization Award in Philadelphia   •   Lovers, Sub a Sandwich for a Ring This Leap Day and Quiznos May Cater Your Wedding – Assuming They Say “Yes”!   •   iPhone 11 Pro doubles radiation exposure deemed safe for consumers, according to new test   •   Hemp Depot Redefines U.S. CBD Farming Economics With 70% Reduction in Feminized Seed Pricing   •   To Honor World Cancer Day, The WISDOM Study Seeks Support from Women to Modernize Breast Screening Guidelines   •   To Honor World Cancer Day, The WISDOM Study Seeks Support from Women to Modernize Breast Screening Guidelines   •   Bounce to World Premiere New Original Black History Month Special Starring Queen Latifah, Common and Harry Belafonte Monday, Feb   •   7,000 Bacardi Employees Turn on Their ‘Out of Office’ to Visit Hundreds of Bars Across the Globe to Spark Conversati   •   The Author Incubator Launches New Program for Spanish Speaking Entrepreneurs
Bookmark and Share

Black Caucus Comments On Wealth Gap

WASHINGTON, D.C. – Congresswoman Barbara Lee (D-CA), Chairwoman of the Congressional Black Caucus, released the following statement today after a government report showed the gap between the richest and poorest American has grown larger than ever before:

“Today’s release of the U.S. Census Bureau’s American Community Survey is another painful reminder that too many Americans are suffering while the economy remains sluggish.

“According to the report, the wealthiest 20 percent of Americans received 49.4 percent of all income, compared to 3.4 percent combined for all Americans living in poverty, marking the greatest level of disparity since the U.S. Census Bureau began tracking household income in 1967.

“These figures underscore the argument that members of the Congressional Black Caucus have made for more than two years, that the economic downturn has hit some communities much harder than others.

“The sluggish pace of the recovery has left too many Americans behind. It is disheartening to see that while the incomes of those making more than $180,000 annually actually rose during the recession, working families earning near the median income of $50,000, watched their incomes slide.

“Prosperity and opportunity are hallmarks of the American Dream, which unfortunately are fast becoming the exclusive province of those with wealth and means. There are some in Congress who are more concerned with giving tax cuts to the wealthy and protecting tax loopholes for corporations and oil companies as they continue to ignore the pressing needs of unemployed and underemployed Americans at the margins of our economy.

“Members of the Congressional Black Caucus are committed to ensuring that all Americans take part in our nation's recovery as we pursue policies that create jobs, stimulate the economy and close the gap between rich and poor.”

 


STORY TAGS: BLACK , AFRICAN AMERICAN , MINORITY , CIVIL RIGHTS , DISCRIMINATION , RACISM , NAACP , URBAN LEAGUE , RACIAL EQUALITY , BIAS , EQUALITY

Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News