The staggering difference between rich Asian Americans and poor Asian Americans

The staggering difference between rich Asian Americans and poor Asian Americans:

Even within a minority group, it can be easy to fall victim to the assumption that everyone else that wears your label is just like you – a testament to the invisibility of privilege. 

This week, we’re going to examine some of the differences in our community – be they in income, age, or political beliefs.

Some excerpts: 

Wealth inequality is actually worse among Asian Americans than among white Americans… Asian Americans earn more than whites on average, but they also have higher rates of poverty.

“The communities that we know aren’t doing so well — people from countries like Vietnam, Laos, Cambodia — they make up close to 40 [percent] to 45 percent of the Asian American population… by only looking at averages, you’re papering over the substantial struggles of a huge chunk of lower-income, less wealthy Asian Americans.”

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