{"id":179575,"date":"2017-12-28T23:52:00","date_gmt":"2017-12-29T04:52:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2017\/12\/28\/holy-crap-2\/"},"modified":"2017-12-28T23:52:00","modified_gmt":"2017-12-29T04:52:00","slug":"holy-crap-2","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2017\/12\/28\/holy-crap-2\/","title":{"rendered":"Holy Crap"},"content":{"rendered":"<div>The Spotlight Team at the <i>Boston Globe<\/i>just issued a clarification, or maybe you would call it a reassertion, that Yes, Virginia, &#8220;<a href=\"https:\/\/www.bostonglobe.com\/metro\/2017\/12\/11\/that-was-typo-the-median-net-worth-black-bostonians-really\/ze5kxC1jJelx24M3pugFFN\/story.html\">The median net worth of black Bostonians really is $8<\/a>.&#8221;<\/div>\n<p>It was a fact that they turned up in their story on race in Boston:<\/p>\n<blockquote><p><span style=\"color: blue;\">The $8 detail in the Globe\u2019s <a href=\"http:\/\/apps.bostonglobe.com\/spotlight\/boston-racism-image-reality\/series\/image\/?p1=Spotlight_Race_FooterNav\">Spotlight series<\/a> on race in Boston is not a typo.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">The median net worth for non-immigrant African-American households in the Greater Boston region is $8, according to \u201cThe Color of Wealth in Boston,\u201d a 2015 report by the Federal Reserve Bank of Boston, Duke University, and the New School. <\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">This Spotlight seven-part series \u2014 which began Sunday \u2014 tackles the city\u2019s most vexing question: Does Boston deserve its racist reputation? <\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">And to answer just that question, the Globe Spotlight Team analyzed data, launched surveys, and conducted hundreds of interviews. The Color of Wealth in Boston report, which is part of a five-city study looking at wealth disparities among communities of color, was one piece of information that Spotlight examined. <\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">\u2026\u2026\u2026<\/span><br \/><span style=\"color: blue;\"><br \/><\/span><span style=\"color: blue;\">The household median net worth was $247,500 for whites; $8 for US blacks  (the lowest of all  five cities); $12,000 for Caribbean blacks; $3,020  for Puerto Ricans; and $0 for Dominicans (that\u2019s not a typo either.) The  sample size for Cape Verdeans was too small to calculate net worth, the  report said.<\/span><\/p><\/blockquote>\n<p>This is mind boggling.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Spotlight Team at the Boston Globejust issued a clarification, or maybe you would call it a reassertion, that Yes, Virginia, &#8220;The median net worth of black Bostonians really is $8.&#8221; It was a fact that they turned up in their story on race in Boston: The $8 detail in the Globe\u2019s Spotlight series on &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[392,398,494],"class_list":["post-179575","post","type-post","status-publish","format-standard","hentry","tag-economy","tag-racism","tag-statistics"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/179575"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=179575"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/179575\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=179575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=179575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=179575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}