For Immediate Release

Organization Profile: 
Contact: 

Bob Keener, 617-423-2148 ext 120, bkeener@faireconomy.org

MLK Day Report | State of the Dream 2013

WASHINGTON - United for a Fair Economy's tenth annual Martin Luther King, Jr. Day report was released today. State of the Dream 2013: A Long Way From Home outlines the state of the racial wealth divide in the U.S. and puts forward creative solutions for addressing persistent racial inequities.

Black and Latino families continue to have far less wealth than White families and have emerged from the Great Recession more indebted and less able than White families to face the economic challenges before them.

Housing, an integral piece of the increasingly elusive American Dream, has much to do with the hemmorhaging of wealth in communities of color. This report examines the link between housing and asset-building policies, the impacts of those policies on communities of color, and urges a targeted, goal-oriented policy approach that is guided by our shared values and principles.

Fifty years ago this year, on the steps of the Lincoln Memorial, Martin Luther King, Jr. shared a vision for a future of equality for all people, regardless of race, in his "I Have a Dream" speech. He spent the final years of his life working with thousands of others to challenge economic inequality and racial injustice. Although their efforts made historic civil rights victories possible, much work remains to close the racial divide. We are, indeed, a long way from home.

Read the report today. Share it with your community. Start a conversation. Speak out and work together to make a new economy possible.

###

This is the world we live in. This is the world we cover.

Because of people like you, another world is possible. There are many battles to be won, but we will battle them together—all of us. Common Dreams is not your normal news site. We don't survive on clicks. We don't want advertising dollars. We want the world to be a better place. But we can't do it alone. It doesn't work that way. We need you. If you can help today—because every gift of every size matters—please do. Without Your Support We Simply Don't Exist.

United for a Fair Economy is a non-partisan organization that helps people of all races, ethnicities and classes work to reduce economic inequality.

Share This Article

More in: