Now That's Some Paper

A fascinating breakdown of Black Spending Power from the Electronic Village.

...African Americans are projected to have spending power of approximately $1 trillion a year by 2010.

...$1 trillion seems like a number to celebrate. Nevertheless, a whopping 24.9 percent of all Blacks are still officially classified as poor and critics complain that despite its absolute size, Black income is failing to create Black wealth because it tends to flow into Black communities and right back out... read more