The last thirty years of public policy have not produced significant progress toward Dr. Martin Luther King's dream of racial equality. According to the Census Bureau, people of color will collectively make up the majority of the population in 2042, thirty years from now. If the country continues along the path that it has been on for the last thirty years, the racial economic divide will remain in 2042 and, in many regards, will be considerably worse. This is the core message of United for a Fair Economy’s (UFE) ninth annual MLK Day report, State of the Dream 2012: The Emerging Majority. In 2042, thirty years from now, people of color will collectively represent the majority of the U.S. population. If we continue along the governing path of the last thirty years, the economic divide between races will remain and, in many regards, will be considerably worse. The Emerging Majority measures the impacts of the past thirty years of public policy on the racial divide, examining a host of social and economic indicators, including income, wealth, poverty, health care, homeownership, education and incarceration. The report then offers thirty-year projections based on data trends since the Reagan presidency. Its findings should prompt people of all races to unite in action for a more just and racially equitable future.