Though the market appears to be attempting a comeback, we want to highlight the continuing economic disparity in American cities. The economy in many neighborhoods across this country continues to stagnate (if not decline) and appears to do so along racial and socioeconomic lines. Back in 2011, we reported on the growing economic inequalities, ” if wealth can be described as the thing that buys homes and gets our kids to college, nearly half of the American people are unable to do either as they have virtually no wealth at all.”
Has this changed at all in the past year? Just this week, the BBC took a current look at the startling incongruity of one neighborhood in the city of St. Louis.
Back in September, Scott Simon reported on “The Corner,” made famous by David Simon of the critically acclaimed HBO hit “The Wire.” This week we revisit the area to try to address this question of progression, economic recovery and what recovery means for some of our hardest hit communities.
Tell us, where has U.S. policy fallen short in addressing the growing wealth gap in our cities? Should city governments work within their communities to create economic opportunities? Or should this be an issue to discuss on the national stage?