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re: Study: large portion of racial wealth gap is due to spending habits
Posted on 2/5/22 at 9:15 pm to MJackson
Posted on 2/5/22 at 9:15 pm to MJackson
quote:
my only question is why did it affect blacks at a disproportionate rate, compared to almost every other racial group (hispanics, caucasians, indians/pakistanis, east asians, africans, etc)?
Most of those groups did not start coming here in large numbers until after the Hart–Celler Act. And don't kid yourself too much, but Caucasians as a whole are starting to feel some of the same effects.
Posted on 2/5/22 at 9:36 pm to HailHailtoMichigan!

You don’t say?
Study will be deemed racist. How dare they call out an actual root cause.
Posted on 2/5/22 at 9:42 pm to HailHailtoMichigan!
This has been debunked by the CDC as misinformation.
Posted on 2/5/22 at 9:43 pm to HailHailtoMichigan!
You could give these people handout after handout and at the end of the day they would still be broke
Posted on 2/5/22 at 9:45 pm to Chucktown_Badger
Perpetual Sudden Wealth Syndrome
Posted on 2/5/22 at 9:46 pm to HailHailtoMichigan!
Don’t need a bank account when you spend your money as soon as you get it anyway
Posted on 2/5/22 at 9:46 pm to HailHailtoMichigan!
planning for the future is white privilege
Posted on 2/5/22 at 9:49 pm to HailHailtoMichigan!
You dare bring that racist bs in here? You fking scumbag piece of shot
Posted on 2/5/22 at 9:50 pm to HailHailtoMichigan!
(no message)
This post was edited on 3/17/24 at 9:31 am
Posted on 2/5/22 at 9:51 pm to HailHailtoMichigan!
quote:
and 32 percent more (an extra $2300 per year in 2005 dollars) on ‘visible goods’—defined as cars, jewelry, and clothes.
Sort of surprised that it isn’t higher than that
Posted on 2/5/22 at 10:15 pm to HailHailtoMichigan!
Any studies out there that link police involved shootings and violent crime?
Nah? Ok cool
Nah? Ok cool
Posted on 2/5/22 at 10:28 pm to MJackson
quote:
my only question is why did it affect blacks at a disproportionate rate, compared to almost every other racial group (hispanics, caucasians, indians/pakistanis, east asians, africans, etc)?
Because other racial groups you listed actually taught things like hard work, self reliance, respect for the law, and did not embrace the victim culture.
When you grow up believing the stupid shite your mother and grandmother is telling you (externalizing the blame) and you’re surrounded by morons who also believe it, then you spend whatever money you get while playing the theme song of The Jeffersons in your head.
Edited:

And statues. What other group has statues of war heroes of a different skin color that lost a war?
This post was edited on 2/5/22 at 10:33 pm
Posted on 2/5/22 at 10:33 pm to HailHailtoMichigan!
Someone once told me stereotypes exist for a reason. They weren’t wrong.
Posted on 2/5/22 at 10:34 pm to Woolfpack
quote:
think the average black woman spends something like 3k a year on her hair.
More like 10k. It’s fricking insane.
Posted on 2/5/22 at 10:58 pm to HailHailtoMichigan!
I am from a family with several millionaires. They can pinch a nickel until the buffalo hollars. That is most likely one reason they have money.
This post was edited on 2/5/22 at 11:00 pm
Posted on 2/5/22 at 11:09 pm to OweO
Drawn Together had a similar bit about black people spending tens of thousands of dollars to pimp out a Geo which was only worth $10k new.
Posted on 2/6/22 at 12:55 am to TheHarahanian
quote:
So people who have lots of money know to save money instead of blowing it on stupid shite. Shocker
Holy shite are you stupid.
quote:
blacks with comparable incomes to whites
This isn't poor blacks vs. rich whites. It's same income brackets being compared.
Posted on 2/6/22 at 1:39 am to HailHailtoMichigan!
Accountability is not a strong suit
Posted on 2/6/22 at 1:54 am to HailHailtoMichigan!
fricked up part about all of that… it’s a giant sales pitch to go out and buy a worthless online MBA or “external”PHD… accumulate even more debt and be one broke arse doctor when you die
College didn’t teach me dick, just opened doors down the road being in O&G. Theres value in relationships, but I chose to go to a big school that specializes petroleum engineering.
Could have stayed home and got the same degree. Doubled down on the value of the relationships vs “comfort” aka don’t learn shite outside of the place you’re in… breeds ignorance
College didn’t teach me dick, just opened doors down the road being in O&G. Theres value in relationships, but I chose to go to a big school that specializes petroleum engineering.
Could have stayed home and got the same degree. Doubled down on the value of the relationships vs “comfort” aka don’t learn shite outside of the place you’re in… breeds ignorance
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