Or do the same as a white guy in a black neighborhood and see how well it works out.
1 Like
Welcome to the past, that ended two generations ago.
All it takes to escape poverty is one generation who makes the right choices and two or three to become fabulously wealthy.
DMK
705
Who is “we”. Where did my say in this go?
Completely false. The immigrant blacks have proven that for more than a hundred years and continue doing so to this day because they have the work ethic, desire to succeed, and make the right choices in life.
American born blacks are the victims of their own choices and decisions which African blacks do not suffer from.
2 Likes
Only by those living in perpetual victimhood.
How did you and your wife succeed with the deck so stacked against you?
Stupid people doing stupid things at stupid times and places will always find predictable results.
DMK
709
They came from a place that makes them appreciate where they are.
It is real, whether you want to believe in it or not. White families, on avg, have wealth 10x that of black families.
How can we explain that? Wealth is different than income. Wealth is typically gain over generations
conan
711
So…that doesn’t prove anything. For all we know they were retrieving a plant.
Just more left-wing conspiracies.
conan
712
Why stop at statues? Why not raid public libraries and burn those books and other documentaries.
1 Like
Am I being a victim? Again and again, me talking about the affects of generational oppression are deemed as me “living in the past” or “being a victim”… no matter how many time I say I am well off. When I talk about impacts, I am speaking at a macro level. Not every black person is poor. HOWEVER there are disparities that exist between black and white families that can be traced back to Jim Crow, for example. Just because TODAY we may have the same rights and access (in most, but not all cases) does not mean we have gained equity.
WuWei
714
That is an outcome. 10 times? I’d like to see that.
We can explain it as I have been explaining it. Culture.
I know the difference between wealth and income. Where does wealth start? With income.
I’m going to let you in on a little secret; the vast majority of white people don’t have any wealth either. It’s not a very good metric for anything but itself.
I did a job for one of the DeVos family one time. They have wealth.
Their father gave it to them, he started out selling magazine subscriptions out of his garage. And the kids kept growing it, at least at the time.
One generation.
Excuses breed low expectations.
3 Likes
Guilds
715
No one is disputing that.
Edison gets credit for inventing the light bulb. But many others actually invented it, he simply made it much better (lasted longer).
Guilds
716
What electric company brought power to rural America?
WuWei
717
8% of millionaires in the US are black.
7% are Latino.
Latinos are 17% of the population.
13% is black.
How does that happen? Were Latinos slaves?
Guilds
718
This is condescending “Now we have to have real history lessons and get you up to speed with the real world.”
Suggesting I do not know “real world” history.
WuWei
719
Westinghouse and Edison beginning in the 1880s. A lot of coops.
conan
721
Latinos need to play better ball…OK that might have been sick joke.
Read this recent study by Duke. It is fascinating.
Here are some key points:
“Recent data from the Survey of Income and Program Participation (2014) shows that black households hold less than seven cents on the dollar compared to white households.1 The white household living near the poverty line typically has about $18,000 in wealth, while black households in similar economic straits typically have a median wealth near zero. This means, in turn, that many black families have a negative net worth. (Hamilton et al. 2015)”
“Among households that own a home, white households have nearly $140,000 more in net worth than black households. While the wealth ratio between whites and blacks may narrow somewhat among those who own a home, a six-figure wealth differential remains. Clearly increased homeownership is far from sufficient to close the racial wealth gap.”
