by Dr. Brooks B. Robinson, Director of BlackEconomics.org
BlackEconomics.org estimates that if no action is taken to revise the status quo, then Black America will reflect the following 2050 statistical outcomes: A population of 60.1 million; 26.2 million workers (12% unemployment); annual average household income of $96,100; 10.6 million businesses; an average of nearly 15 years of schooling; 1.4 million incarcerated; and life expectancy for males of 80.5 years and 84.1 years for females.
In this context, BEV for BAF (Black Economists’ Visions for Black America’s Future) Interviews inquires about the pivotal problems that Black Americans face over the next 20 years; the most ideal solutions to the problems; and the actual outcomes that are likely to unfold. BEV for BAF Interviews with the nation’s top Black economists enable Black America to envision the future and provide guidance on how to reshape that future to improve outcomes for the next generation.
In this segment, Dr. Margaret Simms, Senior Fellow and Director of the Low-Income Working Families Project at the Urban Institute in Washington, D.C., provides a BEV for BAF interview to BlackEconomics.org concerning the role of economic advancement and asset formation in Black America’s Future.
[audio http://madamenoire.com/wp-content/uploads/2011/09/Simmscf.mp3]
