Originally published on Tue January 1, 2013 10:03 am
Credit Spencer Platt / Getty Images
As the nation's first African-American president, Barack Obama benefited from and expanded his party's enormous advantage among minority voters.
But as he prepares to start his second term, Obama hasn't managed to usher in behind him many Democrats who are minorities to top elected office. Conversely, Republicans — despite their highly limited support among non-Anglo voters — have managed to elevate more top politicians from minority backgrounds.
The income gap is receiving much attention lately as more Americans are isolating themselves around "people like us."
More accurately, they surround themselves with people who earn similar incomes, and it is now fueling a rise in residential segregation. One recent study suggests the income gap might be greater today than even during colonial times – even when you account for slavery.