Tuesday, August 20, 2002

Money&Culture from this morning's newsstand:

"Boom shared by all races in Chicago"
Chicago Sun-Times front page headline, August 20

"Rich 90s failed to lift all: Income disparity between races widened greatly, census analysis shows"
Chicago Tribune front page headline, August 20

Actually, both are right. As the Trib says: "The good news: Poverty and unemployment among all racial and ethnic groups fell in the city and region as a whole, although this data was collected before the current economic downturn. Nevertheless, in Chicago, nearly 30 percent of blacks, 20 percent of Latinos and nearly 18 percent of Asians lived in poverty in 1999. That's compared with just 8.2 percent of whites who reported incomes below the poverty line."
Income-by-neighborhood census chart

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