The Road to Zero

1/11/2018

This week on Lessons from the screen we will be looking at The Road to Zero report. A report that says that by 2053 median black wealth will be at zero if things don't change. what it means and what we can do to make sure that it does not come to pass. Being that it is one of the newest wealth based reports and seeing as how there are few true wealth based reports available of the nature of this one, it is a must analyze document.

In 2016 the report “The Ever-Growing Gap: Without Change, African American and Latino Families Won’t Match White Wealth for Centuries” detailed the fact that it would take Black Families 228 years to reach the level of White families today and Latinos 84 years. In 2017 the same organizations combined their powers for another report that is even scarier, this report details that unless we make drastic changes we WILL find ourselves living in a nation were Minorities less than 1% of this nation's wealth. This is made especially egregious considering the fact that by 2043 most of the population is expected to be non-White. This will effectively and potentially permanently place America in a position of economic segregation.