What Will the Wealth Divide Mean for Hispanic and African-American Voters?

The Takeaway

The Pew Foundation released a report this week looking at the how the recession has affected the wealth gap between different ethnic groups. The results, based on the 2009 U.S. Census, showed the gap is the largest its been in 25 years. Hispanics were the group hit hardest, with a 66 percent drop in personal wealth, and African-Americans saw a 53 percent decline since 2005. This means financial gains in these groups have been set back decades. What will these findings mean for minority voters in 2012? Renee Amoore, president of the healthcare organization The Amoore Group and deputy chair of the Republican Party of Pennsylvania, and  Alfredo J. Balsera, founder of Balsera Communications and co-chair of the Democratic National Committee’s Hispanic Leadership Council, talk about where black and Latino voters’  loyalties in 2012.  

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