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"World to End, Women, Minorities Hardest Hit"



In the self-parody department, the New York Times headline is "Recession Study Finds Hispanics Hit the Hardest." But the data in the article shows that Asians and whites have suffered far greater declines in wealth than Hispanics on average and that the decline in wealth for Hispanics is much more attributable to the collapse of the housing bubble than the recession. Other than that, the headline is completely accurate.

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Rafael Mangual
Project Manager,
Legal Policy
rmangual@manhattan-institute.org

Katherine Lazarski
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.