Podcast appearances and mentions of josh hoxie

On this episode of Broke-ish, Delina and Erika discuss the fake Black Middle Class. But why is it fake? What factors determine if you are in the middle class? Discover all the reasons why today, we’re living under a middle-class illusion. Homework Are you middle class? Middle Class Calculator – Pew Research The 3Ms: Money (economic resources) Milestones (education, career, etc.) Mama’nem (culture, social access, etc.) The Receipts (Show Notes) The Road to Zero Wealth: How the Racial Wealth Divide is Hollowing Out America’s Middle Class Authors: Dedrick Asante-Muhammad, Chuck Collins, Josh Hoxie, Emanuel Nieves Date: September 2017 Median household wealth for Black families = $1,700 Median household wealth for white families = $116,000 The median black family is estimated to have $0 in wealth by the year 2053   Everybody Thinks They’re Middle Class (Bloomberg) Author: Sam Grobart Date: September 15, 2016   Why Americans All Believe They Are 'Middle Class' (The Atlantic) Author: Anat Shenker-Osorio Date: August 1, 2013   The American Middle Class Is Losing Ground (Pew Research Center) Author: Pew Research Center Date: December 9, 2015   Are you in the American middle class? Find out with our income calculator (Pew Research Center) Authors: Richard Fry and Rakesh Kochhar Date: September 6, 2018   The richest 1 percent now owns more of the country’s wealth than at any time in the past 50 years (The Washington Post) Author: Christopher Ingraham Date: December 6, 2017   Defining the middle class: Cash, credentials, or culture? (Brookings Institute) Authors: Richard V. Reeves, Katherine Guyot and Eleanor Krause Date: Monday, May 7, 2018 Cash (what’s in your bank account) Credentials (what’s on your resume) Culture (what’s inside your head)   African Americans and the New Deal   New Deal Programs   Unions Helped Build the Black Middle Class. The Wealthy's Political Lackeys Are Out to Gut It. (Colorlines) Author: Rashad Robinson Date: March 2, 2018   The Warmth of Other Suns Author: Isabel Wilkerson Date: 2010   How much you have to earn to be considered middle class in every US state (Business Insider) Author: Libby Kane Date: April 2, 2015   Which Income Class Are You? (Investopedia) Author: Jake Frankenfield Date: October 5, 2018   Against All Odds: The Fight for a Black Middle Class (PBS)   Black Women's Equal Pay Day equalpaytoday.org

DeRay, Sam, Clint and Brittany discuss the overlooked news, including depiction of abortions in the mainstream and marijuana arrests in NYC. Author and researcher Chuck Collins and policy expert Josh Hoxie join to discuss their study Road to Zero about the nuances of the racial wealth gap.

In this week’s episode: Ezekiel 44-48.  We conclude the book of Ezekiel with some thoughts about equalization and reparation. And ICYMI, you can read the alarming and depressing "The Road to Zero Wealth" by Chuck Collins, Dedrick Asante-Muhammed, Emanuel Nieves, and Josh Hoxie here. AND if you’re interested in the argument as to why black Americans deserve even more than repayment for slavery, read Ta-Nehisi Coates’ "The Case for Reparations” here.      

A new report released by Chuck Collins and Josh Hoxie of the Institute for Policy Studies, "Billionaire Bonanza 2017: The Forbes 400 and the Rest of Us," reveals that only 3 people in the US hold wealth equivalent to the bottom 50% of the population, about 160 million people. The wealth divide is getting more severe every year. Just 7 years ago it was 400 people who owned wealth equivalent to the bottom 50%, now they own wealth equal to the bottom 64%, 204 million people. The numbers of people with zero wealth or who are in debt is also growing and is worse for black and Latinos than whites. We discuss the current wealth divide, what's behind it, how the new tax proposal will affect it and how to resolve it. For more information, visit www.ClearingtheFOGRadio.org.