Poll Finds Blacks More Upbeat on Economy Than Whites

July 2, 2010  |  

(New York Times) — THE Great Recession hit American blacks harder than it did whites. Blacks were more likely to lose their jobs, and those who kept them were more likely have their pay or hours reduced. Black homeowners are also far more likely than whites to own homes that are no longer worth what they owe on the mortgage. And yet blacks are far more upbeat about the economy than whites. They are more likely to view economic conditions as good now, and more likely to think that improvement is on the horizon.

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