Race and Economics: A Nation and Its Capital Divided
November 9, 2010 · By Dedrick Muhammad
The best hope I see for the country and it's cities, like Washington DC, is that sooner rather than latter the electorate recognizes that changing politicians isn't a change we can believe in, rather the country must radically change the trickle down, deregulated economy which has maintained racial divisions and increased economic inequality.
It is said one has to get outside of Washington DC to get a proper perspective on the nation's problems, but the nation's capital provides plenty of insight into the challenges facing this country. Washington DC, like the country as a whole, is currently on a path of increasing division and inequality. The DC Fiscal Policy Institute notes that in Washington DC the average household income for the richest fifth increased by 81% or $78,900 from 1980 to 2006. For the middle fifth there was an increase of 31% or $11,000 and for the poorest fifth only a 3% increase equaling $400. In over 25 years, the richest of DC increased their household income by almost $80,000, while the poorest saw their increase disappear by spending an extra dollar a day over one year. Similarly, from 1980 to 2005 over 80% of the total increase in all of America's income went to the top 1 percent.
This growing economic inequality has strengthened racial and class divisions throughout the country, creating new dynamics in the defacto segregation that still exist in Washington DC and many of the country's urban centers. The new trend in the ongoing segregation of America is the urbanization of upper income whites and the suburbanization of the working class and disenfranchised minorities. The new trend is reversing the segregationist trends of the latter half of the 20th century...
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Dedrick Muhammad