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re: Racial wealth gap widened between 2016-2022, federal reserve study finds
Posted on 3/22/24 at 5:38 pm to Motownsix
Posted on 3/22/24 at 5:38 pm to Motownsix
Feds dumped way too much money into the system, which flowed upwards into wealth and benefitted rich people. Inflation destroys the poors paltry purchasing power.
Uncle Sams money printer favors rich people.
Uncle Sams money printer favors rich people.
This post was edited on 3/22/24 at 5:40 pm
Posted on 3/22/24 at 6:43 pm to mudshuvl05
quote:
I'm assuming you mean the majority of households that are single parent? That's what you should mean, because that's why. The only problem with saying policy is not a part of that root problem is incorrect. Policy absolutely incentivizes single parent households via welfare, medicaid, food stamps, etc. , etc. It's the democrats' greatest tool of keeping black people in line with their party, and it's a shining example of why democrats don't care about black people and are the party of racists.
It’s a culture issue. Yes, some policies incentivize single parent households, but there’s a reason this doesn’t affect other groups. Politics isn’t the reason my father stuck around and taught me to be a man. It was because it was instilled in him from a broader cultural basis
Posted on 3/22/24 at 9:37 pm to r0cky1
quote:The "broader, cultural basis," comes from voting for racist democrats at a 90+% rate for well over half a century. Black Americans are the only demographic to ever come close to that voting statistic. Nobody else votes for the Republicans or democrats at a rate even close to that. It has everything to do with policy. Democrat policies and black America culture are intertwined like the water cycle. You can't have one without the other. Democrats are responsible for the plight of black America, black America is responsible for the democrats' political power. Unfortunately for black Americans, the democrats are maneuvering to move on without them.
It’s a culture issue. Yes, some policies incentivize single parent households, but there’s a reason this doesn’t affect other groups. Politics isn’t the reason my father stuck around and taught me to be a man. It was because it was instilled in him from a broader cultural basis
Fix or abolish an establishment politician like the Republican party is abolishing their's, or wallow in the cultural rot they've both created. Noone can do it for black Americans. Problems won't be solved unless the truth is acknowledged, and that goes for all of the fundamental, as well as the complexities, of life.
It's ignorance to separate policy from the black American experience. It's ignorance to separate ANY American experience from policy, but certainly from a people who, statistically, come as close to 100% as you can get from voting for what they're getting.
Your father, like mine, stuck around because he and his baby's mother weren't incentivized at every single step to not stick around, but also weren't encouraged by a political party to blame the black man because of it.
There's no incentive for black America's ruling party to encourage independence. That's not useful for them. Period. End of story.
This post was edited on 3/22/24 at 9:46 pm
Posted on 3/22/24 at 10:20 pm to HailHailtoMichigan!
The excuses have gotten more popular and trendy, and encouraged. So they sit on their asses knowing they can blame other people. Then they see negative consequences. And shite gets worse. Then they blame other people all over again. Rinse and repeat.
Meanwhile white people are still going to provide for their families and prepare for their future.
White guilt is a finite resource. When it totally runs out, I wonder how black America will respond, when people stop listening?
Meanwhile white people are still going to provide for their families and prepare for their future.
White guilt is a finite resource. When it totally runs out, I wonder how black America will respond, when people stop listening?
Posted on 3/23/24 at 3:51 am to Dragula
quote:
Don't tell LeBron that...said it's hard for him be a black man living in America.
Feel free to LEAVE lebron !
Posted on 3/23/24 at 4:04 am to Tantal
quote:Or that we have a student and professional immigration policy to bring in the best, brightest, and--most importantly--wealthiest Asians (who then steal our IP and bring it back to their own countries to reverse engineer).
Surely you're not suggesting that a stable family structure could have an impact on success, bigot.
The real threat isn't from poor Latinos crowding around the border entries. It's from the intellectuals and scientists we happily admit on O Visas.
This post was edited on 3/23/24 at 4:18 am
Posted on 3/23/24 at 8:16 am to mudshuvl05
quote:
Your father, like mine, stuck around because he and his baby's mother weren't incentivized at every single step to not stick around, but also weren't encouraged by a political party to blame the black man because of it. There's no incentive for black America's ruling party to encourage independence. That's not useful for them. Period. End of story.
Your mother and father just like mine could’ve taken advantage of the same policies that are enacted by democrats. It’s not policy that kept them around or out of wedlock. It’s cultural. You’re extremely out of touch if you think politics play this big of a role in the lives of the people making these decisions.
Posted on 3/23/24 at 8:53 am to HailHailtoMichigan!
Most of that gap was created between 2020-present. Minority employment, entreneuership, and wage growth was up during the Trump administration and pre-Covid.
Posted on 3/23/24 at 8:55 am to r0cky1
quote:
You’re extremely out of touch if you think politics play this big of a role in the lives of the people making these decisions.
Your extremely out of touch if you think inflation and over regulation don't play a part in the economy.
I own a small business that was funded by myself. Pre 2020, I had 3 employees. Due to inflation and regulations, I'm down to myself and a part time employee. If I hire an additional full time employee that pays more $40k/yearly, I'm in the red
This post was edited on 3/23/24 at 8:59 am
Posted on 3/23/24 at 8:56 am to r0cky1
quote:
Your mother and father just like mine could’ve taken advantage of the same policies that are enacted by democrats. It’s not policy that kept them around or out of wedlock. It’s cultural. You’re extremely out of touch if you think politics play this big of a role in the lives of the people making these decisions.
Politics might not play a direct role in poor decision making by poor families but it certainly played an indirect role by creating a welfare state that led to the demise of black culture. And in spite of these obvious failed policies, Blacks continue to vote overwhelmingly vote for Democrats. Meanwhile, Democrats have controlled every major city with huge poor black populations for decades.
Posted on 3/23/24 at 9:16 am to HailHailtoMichigan!
The biggest problems for black communities are black leaders. There is a culture of exploitation and classism. Black people that move up prey on those that don't. Only by keeping other black people down can these "leaders" maintain power and wealth.
It is an old game. It is Caesar tossing coins to the plebs.
It is an old game. It is Caesar tossing coins to the plebs.
This post was edited on 3/23/24 at 9:18 am
Posted on 3/23/24 at 9:49 am to HailHailtoMichigan!
This is why the government needs to mandate all companies with more than 25 employees must have their own DEI department.
Posted on 3/23/24 at 9:51 am to jafari rastaman
quote:
This is why the government needs to mandate all companies with more than 25 employees must have their own DEI department.
. Solid troll.
Posted on 3/23/24 at 9:51 am to Gravitiger
quote:
The real threat isn't from poor Latinos crowding around the border entries.
In a few years when most work is automated, we will have a massive underclass with no hope.
Thanks for your contribution and failure to think forward.
Posted on 3/23/24 at 10:12 am to RogerTheShrubber
quote:You've solved the problem by running away from life.
In a few years when most work is automated, we will have a massive underclass with no hope.
Thanks for your contribution and failure to think forward.
Posted on 3/23/24 at 10:35 am to HailHailtoMichigan!
How did sales of rims and Air Jordans fare during the same time period?
Posted on 3/23/24 at 10:51 am to rsbd
quote:
quote: Yep. You won't have as much money, but you also won't have to work Having as many babies that follow in their shoes is a full time job, and a decent income
And having no clue about delayed gratification. Study. Then Work. Then save. Hopefully pass something on to kids. Leaving your kids in a better place than you grew up in. It is that simple.
Posted on 3/23/24 at 2:33 pm to r0cky1
quote:You're having a hard time with this. You're still missing the point: they didn't/ don't at the scale that black Americans do because nobody votes for a single party's polices on a scale like black America and democrats, and that enslavement dictates their culture like no other.
Your mother and father just like mine could’ve taken advantage of the same policies that are enacted by democrats. It’s not policy that kept them around or out of wedlock. It’s cultural. You’re extremely out of touch if you think politics play this big of a role in the lives of the people making these decisions.
You're out of touch if you think policy doesn't have an effect on whether or not a mother takes on the role of a working mom, who marries her baby daddy, instead of NOT doing that, getting welfare, medicaid, food stamps etc.
Democrat welfare state policies and black American culture are like peanut butter and jelly. No other ethnicity has that unique trait of a political party dictating what their culture is allowed, encouraged, incentivized and pretty much forced to be by coercion and holding the proverbial police state carrot in front of them for political power. A black dad doesn't stick around because democrat policies encourage he and the mother to not do that, and have entrenched that cultural concept for generations. It's a simple, factual concept.
Posted on 3/23/24 at 5:14 pm to Dragula
Please refer to him as LeBussy, his preferred name
Posted on 3/23/24 at 7:32 pm to mudshuvl05
quote:
A black dad doesn't stick around because democrat policies encourage he and the mother to not do that, and have entrenched that cultural concept for generations. It's a simple, factual concept.
Do African Americans overall support the Democratic Party? Yes but historically so do Asians and Jews. Guess what, young asian and jewish men aren’t walking out on their families because democratic policies that benefit children out of wedlock. These policies haven’t encouraged them to do the same for generations while still voting blue. The young African American family isn’t citing political policies to govern their actions.
Asian and Jewish families while historically voting blue have only gotten stronger. Look at their culture.
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