the president of the united states is worth 20.
the president of the united states is worth 20.
how much is the president of the united states worth?
20
there is a large gap between the wealth of minority households and white households within the united states. the pew research center's analysis of 2009 government data says the median wealth of white households is 20 times that of black households and 18 times that of hispanic households. in 2009 the typical black household had $5,677 in wealth, the typical hispanic had $6,325, and the typical white household had $113,149. furthermore, 35% of african american and 31% of hispanic households had zero or negative net worth in 2009 compared to 15% of white households. while in 2005 median asian household wealth was greater than white households at $168,103, by 2009 that changed when their net worth fell 54% to $78,066, partially due to the arrival of new asian immigrants since 2004; not including newly arrived immigrants, asian net wealth only dropped 31%. as shown on "eurweb - electronic urban report" according to the federal reserve survey of consumer finances, of the 14 million black households, only 5% have more than $350,000 in net worth while nearly 30% of white families have more than this amount. less than 1% of black families have over a million in net assets. while nearly 10% of white households, totaling over 8 million families have more than 1.3 million in net worth.
racial inequality in the united states
in the weeks and months preceding the 2016 united states presidential election, there was near-unanimity among news media outlets and polling organizations that hillary clinton's election was extremely likely. for example, on november 7, the day before the election, "the new york times" opined that clinton then had "a consistent and clear advantage in states worth at least 270 electoral votes." the times estimated the probability of a clinton win at 84%. also on november 7, reuters estimated the probability of clinton defeating donald trump in the election at 90%, and "the huffington post" put clinton's odds of winning at 98.2% based on "9.8 million simulations."
groupthink