Black and Latino working families are twice as likely as others to be low-income

*The conventional reasoning is that a rising tide lifts all boats, and that an economic recovery will eventually benefit all. But there are some things to consider as economists and politicians celebrate an end to the Great Recession: Latinos and Blacks are getting a smaller share of the benefits of the upturn, the gap between the haves and have nots is greater now than before the recession, and the future of the nation’s economy will rest on the shoulders of those who have the least. These are important facts to add to the a reasones discussion about the effects of the recession and what needs to be done monving forward. VL

By Michael A. Fletcher, Washington Post

As the U.S. economy has picked up again after the recession, it’s become clear that some Americans are getting a bigger share of the recovery than others.

A new report released Monday by the Working Families Project, a national initiative that pushes state governments to adopt family friendly policies, shows that black and Hispanic working families are twice as likely as those headed by whites and Asians to be poor or low-income—a gap that has widened since the recession.

The report said that the growing racial inequality raises urgent questions about the nation’s economic future, as black and Hispanic families are becoming an ever larger part of the national fabric.

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