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CLOSE blogger and activist Rev. Al Sharpton is calling for “immediate action” to a racial wealth gap study released by the Pew Research Center.

The study indicated that the median wealth of White households is now 20 times that of Black households. Sharpton’s civil rights organization, National Action Network, will address the issue during it’s annual march in Washington, D.C. on August 27th.

Sharpton says that the study shows a sign of “regression” in the Black community, and needs not to be ignored.

It’s a vicious pandemic that is likely far greater than even what we know since the Pew study only included data up until 2009. As the nation still reels under the Great Recession, Blacks and Latinos in general are now worse off than they were decades prior. Yes, we may finally have a Black President and some Black/Latino CEOs, but if the masses are left in the mire of despair, then we cannot and will not remain silent.

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