Journalists say it could take 291 years to close Black-white wealth gap
Veteran journalists and academics Louise Story and Ebony Reed explore the history of the racial wealth gap and what’s holding it in place in their new book, “Fifteen Cents on the Dollar: How Americans Made the Black-White Wealth Gap.” (Courtesy of Louise Story and Ebony Reed)
According to the Federal Reserve, the median wealth gap between white households and Black households in the U.S. is more than $240,000.
Veteran journalists and academics Louise Story and Ebony Reed explore the history of the racial wealth gap and what’s keeping it in place in their new book, “Fifteen Cents on the Dollar: How Americans Made the Black-White Wealth Gap.” They also share the efforts of Civil Rights leader Andrew Young, Rapper Killer Mike and Atlanta entertainment executive Ryan Glover in their effort to close the racial wealth gap.
On Friday’s edition of “Closer Look,” the journalists talk with show host Rose Scott about their research and their hope for their book to serve as a resource for all Americans.
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