Tag Archives: African-American families

Black families’ middle-class crisis

This article originally appeared on The Hill.

By Basil Smikle Jr.

Congressional Democrats are looking to renew and refine their support for the middle class through increased wage schemes and tax policies. But a spate of current research paints a disconcerting picture of America’s shrinking middle-income households and reveals particular struggles for black Americans, for whom the accumulation and intergenerational transfer of wealth are increasingly nonexistent. Democrats and progressive leaders looking to 2016 should shy away from all-or-nothing ideological debates and address the concerns of important constituencies, mindful of their intricacies and nuances.

A recent New York Times article asserts that the increasing number of households moving into upper-income brackets veiled substantial middle-class contraction over the last 50 years. Continue reading Black families’ middle-class crisis