- Released January 16, 2009
State of the Dream 2009
By Jeannette Huezo, Christina Kasica, Dedrick Muhammad, Amaad Rivera
Dedrick Muhammad and the Institute for Policy Studies have once again partnered with United For A Fair Economy for the "State of the Dream 2009: The Silent Depression."
In this year's report, we found that people of color are experiencing a silent economic depression. It's silent because it's going unnoticed, unacknowledged, and unaddressed — and yet the evidence is striking.
While the general population has been in recession for one year, people of color have been in recession for five years. By definition, a long-term recession is a depression.
We detail additional evidence that shows the current racial economic inequity, including poverty rates, wealth and assets and economic mobility. While racial barriers did not prevent an African American from becoming president, they continue to impede many people of color from achieving the same economic success as their white counterparts.
You can see a video summary of the report by Dedrick Muhammad here.