The Center for
Enterprise Development, with support from JP Morgan Chase,
published a study on the racial wealth divide in
Baltimore. Baltimore is hardly alone in struggling with the
challenges of wealth inequality which, according to this report,
has been expanding in urban centers such as Baltimore. "This
growing inequality has manifested through gentrification and
concentrated poverty in communities of color." It's not
hard to envision that separation in Baltimore: barely four miles
lie between Penn-North, the epicenter of the unrest after Freddie
Gray's death two years ago, and the Inner Harbor. Two worlds
separated by a ten minute drive.
Mind the Gap. The CFED report provides plenty
of detail, but the take away couldn't be clearer. For
Baltimore, a majority minority city, Black residents fare worse
than African Americans nationally; White residents fare better than
the national averages (and the national average itself isn't
acceptable). The CFED report