Shocking Maldistribution Of Wealth Due To Great Recession Of 2008: Pew Research Center Report

A new Pew Research Center report demonstrates the alarming fact of the shocking maldistribution of wealth among the major racial groups in America, due to the Great Recession’s effect, and the findings should ring alarm bells among all Americans in regard to the likelihood of social turmoil and disarray that could, sadly, lead to violence, if nothing is done about the reality of the failure of the “American Dream”!

The study shows that white households are TWENTY times wealthier than African Americans, and EIGHTEEN times better off than Hispanic families.

These statistics are staggering and unprecedented, and show the stratification of American society is the worst it has ever been, and far surpasses any democratic nation in Western Europe or Japan.

The median white household in 2009 had a net worth of $113,000 as compared to an average of about $5,700 for black families and $6,300 for Hispanic households.

At the same time, poor families with zero or negative worth were found in one third of black and Hispanic families, but only 15 percent of white families.

The average median wealth of black families fell by 66 percent between 2006-2009, 53 percent for Hispanic households, and only 16 percent for white families.

The housing and unemployment crises and declining income during the Great Recession also harmed black and Hispanic families much more than white households.

The real danger is that even lower income whites have been identifying with the Republican Party, while minority voters continue to connect to the Democratic Party, so the racial conflict that seems to be developing is endangering the country, and seems similar to the old North-South split on slavery in the 19th century and the civil rights movement in the 20th century, but now based on race nationally, instead of in geographical regions.

It has to make one fear for the future civil peace of the nation, if this manifestation is allowed to continue unabated!

150 Years After The Civil War, It Is Still Being Fought!

When one studies the Civil War, the most significant event in US History, being commemorated on its 150th Anniversary this year, it makes one realize that the issues being fought then are still being fought today!

Not only is there still sectionalism and regionalism between North and South.

There is still a racial problem, with the South being the area having the most trouble accepting a black President, and therefore, perpetuating the “Birther” Myth, which claims that Barack Obama was born in Kenya.

It is also being fought in the sense that there seems to be no political center in America in recent years, similar to what the situation was before the Civil War.

It is also compared as to the growing influence of evangelical Christianity, which tends to be rigid and unwilling to make any concessions with what they consider the battle between evil and good, and with Biblical language which demonizes the opposition with self righteousness and the sense that compromise is unnecessary and wrong.

It is still part of America today also due to the debate over federal power as compared to the states, and the constant threat of states rights and secession being brandished.

Also, there is the constant debate over the powers of the President to promote his world view, whether Abraham Lincoln then or Barack Obama today.

The parties in control may have switched, with the Republicans replacing the Democrats in the South, but in so many ways, the present party division geographically resembles the North-South split of Lincoln’s time.

The need to escape the same trap of tensions and disagreements in the present and the future is imperative, so we must learn from the Civil War so as to advance the American experiment in freedom and democracy.

This is even more essential because of the major world role now being played by the United States, compared to the insular republic of the mid 19th century.