By Dedrick Asante-Muhammad & Chuck Collins
This January marks what would have been Dr. Martin Luther King, Jr.’s 95th birthday. Nearly a century after the late civil rights leader’s birth, it’s a good time to reflect on the work still to be done.
Just over 60 years ago, in his famous “I Have A Dream” speech at the 1963 March on Washington, King declared: “We refuse to believe that there are insufficient funds in the great vaults of opportunity of this nation. And so we’ve come to cash this check, a check that will give us upon demand the riches of freedom and the security of justice.”
Sixty years on, as our report “Still A Dream” highlighted late last year, there’s been some progress. The African American community is experiencing record low unemployment, record highs in income and educational attainment, and has seen a massive decline in income poverty since the 1960s.
Despite all that, the check for racial economic equality is still bouncing. Without intervention, we found it will take centuries for Black wealth to catch up with white wealth in this country.
The 1960s were years of crucial economic progress for African Americans, even as the Black Freedom struggle faced assassinations and government suppression. In 1959, when King was 30, 55 percent of African Americans lived in income poverty. By what would have been his 40th birthday in 1969 (a year after his assassination), that poverty rate had dropped to 32 percent.
Yet this substantial progress still wasn’t enough to bridge the radical and ongoing racial economic divide between Blacks and whites. And since then, progress has slowed.
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Compared to the political and economic progress of the 1960s, the 21st century has been much less fruitful — even as the country saw its first African American president and a national recognition of police brutality through the Black Lives Matter protests. From 2000 to 2021, there was only a 3 percentage point decline in Black poverty (22.5 percent to 19.5 percent).
One modest area of progress: the unemployment rate for African Americans is no longer twice that of whites. Since 2018, Black unemployment has reached record lows of 5 and 6 percent, except during the 18-month recession caused by COVID-19. But as of 2021, Black unemployment was still about 1.8 times that of white unemployment.
The racial wealth divide was created by federal policies and national practices like segregation, discrimination, redlining, mass incarceration, and more. So it will require federal policy and national practices to close the divide.
And just as massive federal investment was necessary to develop the white American middle class, so too is it essential for a massive federal investment to bridge racial economic inequality.
Investing in affordable housing and programs designed to strengthen homeownership for African Americans will be essential. Other important policies include investments like a national baby bond program targeted at African Americans, national health care, and breaking up the dynastic concentration of wealth that’s made our country more unequal for all Americans.
Going 60 years without substantially narrowing the Black-white wealth and income divide is a policy failure. In this election year, policies that can finally bridge the Black-white divide should be at the forefront of our national debate.
Making a dream into a reality is challenging work, but it’s something our country has the resources to attain. The national celebration of Dr. King’s 95th birthday should be a time to rededicate ourselves to this work.
About the authors . . .
Chuck Collins
Dedrick Asante-Muhammad
Dedrick Asante-Muhammad is the chief of Race, Wealth, and Community at the National Community Reinvestment Coalition.
Chuck Collins directs the Program on Inequality and co-edits Inequaity.org at the Institute for Policy Studies. They are co-authors of the report, Still a Dream: Over 500 Years to Black Economic Equality. This op-ed was distributed by OtherWords.org.
URBANA -- Late Monday morning on January 17, just over 100 walkers came together to commemorate the life and work of Dr. Martin Luther King, Jr. Speakers also talked about the work in the community that still needs to be done, especially with a focus on the escalation of gun violence not only in the Champaign-Urbana area but around the country.
"What we want to utilize (this day) for is not only to commemorate him but to actually put a highlight on some of the things going on now in our own communities," said Maurice Hayes, Executive Director of HV Neighborhood Transformation. "We are facing the pandemic of gun violence and death in all of our high hope areas. We want to take this opportunity to let our kids know we are riding with them the same way Dr. King road for us."
The MLK Walk for Peace was a collaboration between HV Neighborhood Transformation, Urbana Rotary Club, Housing Authority of Champaign County/YouthBuild, Urbana Free Library and Park District, as well as the City of Urbana.
Hayes told the audience he and others have made their life's purpose to saving kids from the gun violence seen "every day in Champaign-Urbana, and in every high hope area across the United States of America."
"This, too, has to be a reason we stand and fight. This too has to be a reason why we march," he said. "This, too, has to be a purpose-driven mission that we as a community must take on ourselves. We stand with these young people."
Walkers set out from Crestview Park in Urbana along Cottage Grove for the 2022 MLK Walk for Peace on Monday. A diverse group of children and adults of all ages used the walk to Larson Park to discuss issues of concern and what they can do to improve life in the Champaign-Urbana community.
Photo: PhotoNews Media
Despite frigid temperatures on Monday, peaceful walkers reach Larson Park in Urbana where they heard a brief presentation from Maurice Hayes, Executive Director of HV Neighborhood Transformations, and Youth Build student Asia Mitchell.
Photo: PhotoNews Media
Maurice Hayes gives a keynote speech at Larson Park. Hayes told the gathering, "Today, we tell him thank you. Today, we show a small bit of sacrifice being out here in this cold to the major sacrifice not only he but a bunch of others showed in the betterment of our lives. So we thank Dr. King and we say God Bless you, continue to rest in heaven and continue to rest peacefully."
Photo: PhotoNews Media
Participants at the march stay socially distant while singing an impromptu rendition of Lift Up Every Voice and Sing during the rally at Larson Park.
Photo: PhotoNews Media
During her talk, Asia Mitchell told listeners that Dr. Martin Luther King civil rights movement was an inspiration to her. "We are living his dream," she said. " There is still a lot of violence and crime, but we live in freedom. It is a free world. He had a dream all this nonsense would go away. Even though it is still here, as a family we are still making it work."
Photo: PhotoNews Media
"We have to know how to lead them and where we are leading them to," Hayes said about the future of young people of today. "So often our kids are misled by the some of the wrong things. It's going to take us as adults in the room to lead them in a different direction to prosperity and to grow success."
Just over one hundred people joined together to walk from Crestwood Park to Larson Park in Urbana for the MLK Walk of Peace on Monday. The event, commemorating the life and sacrifice of the Reverend Martin Luther King, was co-sponsored by the City of Urbana, HV Neighborhood Transformation, Housing Authority of Champaign County/Youth Build, The Urbana Free Library, the Urbana Park District, and the Urbana Rotary Club. "We know the sacrifices he and countless others made for the betterment of us as African-Americans and society itself," said Maurice Hayes, Executive Director of HV Neighborhood Transformations. "So often, our kids are misled by the wrong things. It will take us as adults in the room to lead them in a different direction to prosperity and to grow success."
"We know the sacrifices he and countless others made for the betterment of us as African-Americans and society itself....So often, our kids are misled by the wrong things. It will take us as adults in the room to lead them in a different direction to prosperity and to grow success."
~ Maurice Hayes
Executive Director HV Neighborhood Transformations