A booming U.S. stock market doesn’t benefit all racial and ethnic groups equally
Nearly two-thirds of White families (66%) owned stocks directly or indirectly, compared with 39% of Black families and 28% of Hispanic families.
28% of Americans rate economic conditions as excellent or good, a 9 percentage point increase from last April. And the share who say economic conditions will be worse a year from now has fallen during this timespan, from 46% to 33%.
In arguing for the ratification of the U.S. Constitution, James Madison wrote in the Federalist Papers that “the most common and durable source of factions has been the various and unequal distribution of property.” Because the study of public opinion is often the study of the political factions in society, polls need to be able […]
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