[Nepeta]

My guess is if you matched household to household by educational and marital status, the numbers would match, with ethnicity not mattering.

Single mother who dropped out of high school? Single guy with no high school degree and a criminal record? Married couple with stable jobs? Married couple with kids? Educated individual with a professional degree? Skilled worker like a plumber or welder?

Sort them out according to similar groupings, and I doubt if you will see much difference in household wealth. It isn't about color--it's about the way you choose to live and work.

[Cincinatus' Wife]

Yes. Rush makes the observation (paraphrasing) "When blacks realize what the Democratic Party has done to them, watch out."

But factions have been so dumbed down and so much dependency created daily, that now more Americans CLING to government. Now that they've been compromised, progressives can easily scare minorities, old people and suggestible groups.

Obama and the Democratic Party want all of us clinging to government and their dictates.

[kearnyirish2]

You’re right; they mention “minority families” in the first sentence, and you have to wonder if that is a family in the traditional sense or baby-mommas paired with Uncle Sam’s money.

[oblomov]

There is a HH panel survey, called the Survey of Consumer Finances (SCF), conducted by the Fed every three years.

The SCF shows a larger % decline in net worth among minorities than among white HHs, but not to the extent showed by this Pew study, which was based on the Census Bureau’s SIPP.

Also, this research was based on the most recent SIPP, which was conducted in 2009. There has been a lot of economic turbulence since then, so I doubt that this research reflects the current state very well.

[triumphant values]

Single mother who dropped out of high school? Single guy with no high school degree and a criminal record? Married couple with stable jobs? Married couple with kids? Educated individual with a professional degree? Skilled worker like a plumber or welder? Sort them out according to similar groupings, and I doubt if you will see much difference in household wealth. It isn't about color--it's about the way you choose to live and work.

But yours are irrelevant groupings to the conversation. It's the proportion of people in those groups as a percentage of the population as a whole that tells the tale.