It would be nice to think that the election of Barack Obama swept the U.S. into a new, miraculous post-racial era. But at the moment of his historic victory, the Great Recession was busy proving that that definitely wasn't the case. By 2010, the weak economy had disproportionately devastated the finances of black and Hispanic households -- so much so that the median household net worth for whites was 22 times as high as it was for blacks. BLOG POSTS | Thomas Gensemer: Engagement, Advocacy, and Other Buzzwords After years of lip service, with few notable exceptions, yesterday seemed to mark a new alignment between media owners, brands, and agencies. No longer can we focus exclusively on the mass consumer audience. | | Michael Farr: Come on Baby, Let's Do the Twist The Fed has become somewhat impotent and should pass the buck to Congress. If only Congress would answer the phone. | | Michael Pento: Europe's Solution Isn't More Inflation The only real solution for insolvent Europe is to explicitly default on the debt to a level that brings PIIGS countries to a debt to GDP ratio below 60 percent. | | Mark Hillary: Imagine If Every Resident of Mumbai Had a Car? Economic growth benefits those who are lifted from poverty, but how can the world really cope with billions of new drivers all expecting their own car? | | Daniel Burrus: Do You Know the Hidden Goldmine Within Your Company? Yahoo! is proof that if you're not focused on finding and discovering the hidden value of your company, the invisible goldmine that will give birth do many new cash cows, you'll end up floundering to the point where customers will simply move on to a more relevant company. | | MOST POPULAR ON HUFFINGTONPOST.COM |
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