Yesterday we blogged a study from the Pew Research Center that showed younger people have had to cut back more than older ones. wonkguy responds:

The interesting story at the PEW website is the disparity in the impact of the recession in the elderly based on race. Which, I assume is linked to the disparity in incomes of the groups (white/black/hispanic) when they were working. We will be dealing with the impacts of economic racial disparity for a long long time to come.

categories: Letters

12:17 - May 15, 2009