By editor
Originally published on Fri December 9, 2011 12:28 pm
There's no question that the Great Recession has meant hard times all around, but from 2007 to 2009, it sent black America into an economic tailspin.
According to the Pew Research Center, the median net worth — that's assets minus debts — of black households decreased by more than 50 percent from 2005 to 2009.
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