Researchers say Black families will suffer the worst effects of rising inflation because they lag behind their White counterparts in income, wealth, financial savings and home ownership.
Darity is urging lawmakers to implement a
“The problem is Republicans in Congress are doing everything they can to stop my plans to bring down costs on ordinary families. That’s why my plan is not finished and why the results aren’t finished either,” Biden said earlier this month.Some research suggests that Black households are more susceptible to inflation changes than White households.
“If prices paid by White households increase by 7% over a year, our calculations suggest that one may expect them to increase by 7.5% for Black households,” the study notes as an example. “I think a lot about money and I think a lot about finances and I wonder are our salaries going to start to match ,” Johnson said.Some non-profit organizations are stepping in to help families put food on the table as inflation continues., said she has seen a 40% increase in the number of families she serves food boxes to weekly since April.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Life expectancy for Black Americans continues to lag that of whites, study findsWhile disparities in life expectancy have narrowed over the past three decades, the Covid-19 pandemic has reversed some of that progress.
Read more »
'Rogue black holes' might be neither 'rogue' nor 'black holes'Millions of invisible black holes float freely around our galaxy. Now astronomers think they can spot them.
Read more »
'The Black Phone': Scott Derrickson Reveals the Key Change Made to the EndingScott Derrickson has revealed the change he made to the end of Ethan Hawke-starring horror film 'The Black Phone.'
Read more »
Why ‘The Black Phone’ Director Scott Derrickson Returned to Horror After ‘Doctor Strange’Ahead of the premiere of 'The Black Phone,' we spoke with the filmmaker about his fondness for filtering terror through a Super 8 lens, the creation and design of his killer’s mask, and whether the horror genre offers more freedom than franchise filmmaking
Read more »
Mishael Morgan is 1st Black lead winner at Daytime Emmys - New York Amsterdam NewsMishael Morgan of “The Young and the Restless” won as lead drama actress, becoming the first Black actor to win in a lead category at the Daytime Emmys on Friday night. Morgan was previously nominated in the supporting category. The 35-year-old from[...]
Read more »