Can the U.S. close its staggering racial wealth gap?
Clip: 6/13/2019 | 9m 19sVideo has Closed Captions
Can 'baby bonds' help the U.S. close its staggering racial wealth gap?
Whites in the U.S. have much greater household and individual wealth than blacks and other minorities. In fact, the typical black household has about 10 cents for every dollar of wealth in a typical white household. Some economists and politicians believe this racial wealth disparity will continue to widen unless it's addressed. As Paul Solman reports, one idea for closing it begins at birth.
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...
Can the U.S. close its staggering racial wealth gap?
Clip: 6/13/2019 | 9m 19sVideo has Closed Captions
Whites in the U.S. have much greater household and individual wealth than blacks and other minorities. In fact, the typical black household has about 10 cents for every dollar of wealth in a typical white household. Some economists and politicians believe this racial wealth disparity will continue to widen unless it's addressed. As Paul Solman reports, one idea for closing it begins at birth.
Problems playing video? | Closed Captioning Feedback
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Major corporate funding for the PBS News Hour is provided by BDO, BNSF, Consumer Cellular, American Cruise Lines, and Raymond James. Funding for the PBS NewsHour Weekend is provided by...