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Message

re: Bernie sanders leaves out Asians in tweet comparing net wealth by race

Posted on 10/17/17 at 9:43 am to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297010 posts
Posted on 10/17/17 at 9:43 am to
quote:


lol that's such a crock of shite


Let me guess, upper middle class kid who had everything handed to you.
Posted by roadGator
Member since Feb 2009
154672 posts
Posted on 10/17/17 at 9:43 am to
quote:

and where does that CULTURE come from?


Rap videos? What do I win?
Posted by Machine
Earth
Member since May 2011
6001 posts
Posted on 10/17/17 at 9:44 am to
quote:

1) Value education
2) Value fatherhood

Wealth gap will close.

definitely contributing factors
Posted by texag7
College Station
Member since Apr 2014
40677 posts
Posted on 10/17/17 at 9:44 am to
quote:

Machine



Little commie troll. Pathetic
Posted by Tiger in NY
Neptune Beach, FL
Member since Sep 2003
31411 posts
Posted on 10/17/17 at 9:44 am to
quote:

Work ethic
Value education
Value traditional family and family roles
Don't smoke cigarillos at $1.00 each
Not big into lottery tickets from what I can tell
Drive 4cyl Camrys


You forgot tattoos.

It's these poor choices that keep people poor (and that applies to a shite ton of whites as well).
Posted by Machine
Earth
Member since May 2011
6001 posts
Posted on 10/17/17 at 9:45 am to
quote:

texag7
anybody who thinks white privilege doesn't isn't being honest with themselves. you can argue the degree to which it affects society, but to argue its a myth is pretty comical
Posted by Collegedropout
Where Northern Mexico meets Dixie
Member since May 2017
5202 posts
Posted on 10/17/17 at 9:46 am to
So.. did he delete it? Can anybody post a link? I'm not seeing it.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
297010 posts
Posted on 10/17/17 at 9:48 am to
quote:

but to argue its a myth is pretty comical


It is a myth

If it weren't, there would be few successful black people and few poor white people.
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73199 posts
Posted on 10/17/17 at 9:48 am to
You are looking at it wrong, imo.

The more accurate phrase would be "minority disadvantage"

Many white groups in america were not privileged, just look at our labor history
Posted by Machine
Earth
Member since May 2011
6001 posts
Posted on 10/17/17 at 9:49 am to
quote:

It is a myth
you're definitely entitled to be a closed minded white guy, but you're wrong
Posted by texag7
College Station
Member since Apr 2014
40677 posts
Posted on 10/17/17 at 9:50 am to
quote:

you're definitely entitled to be a closed minded white guy, but you're wrong


Did you just assume his race? Racist
Posted by roadGator
Member since Feb 2009
154672 posts
Posted on 10/17/17 at 9:50 am to
Reparations NOW!!!!!

Rawwwwwrrrr

Did you pay yet?
Posted by HailHailtoMichigan!
Mission Viejo, CA
Member since Mar 2012
73199 posts
Posted on 10/17/17 at 9:51 am to
Instead of throwing around ad hominems, why not actually engage in thoughtful debate?

You're the one that seems close-minded
Posted by Machine
Earth
Member since May 2011
6001 posts
Posted on 10/17/17 at 9:52 am to
quote:

Many white groups in america were not privileged, just look at our labor history

that's absolutely true, but at the very least they aren't profiled nearly to the degree minorities are

acknowledging white privilege doesn't mean i think its something that's impossible to work around to succeed.

would you want to trade places with a black dude of comparable background?
This post was edited on 10/17/17 at 9:53 am
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
13425 posts
Posted on 10/17/17 at 9:52 am to
Let me help Bernie out.

Census Data

Median Black family wealth - 9,211
Median Hispanic family wealth - 12,460
Median White family wealth (not Hispanic) - 132,483
Median Asian family wealth - 112,250



Net worth excluding equity in own home
Black - 2,725
Hispanic - 5,839
White - 51,096
Asian - 41,507

Homeownership (2013 to stay consistent with above)
Black - 43.1%
Hispanic - 46.1%
White - 73.3%
Asian - 57.4%

So, the majority of everyone's wealth comes from home ownership and white people own their homes at a higher rate than other races. Why could that be? Culture is my guess. You can argue high credit risk, but laws have been put in place to help that. Instead, look at foreclosure rates and notice that blacks and Hispanics have higher rates than Asians and whites.
Posted by Machine
Earth
Member since May 2011
6001 posts
Posted on 10/17/17 at 9:53 am to
quote:

Did you pay yet?
i pay muh fair share

am i doing it right?
Posted by Tiger in NY
Neptune Beach, FL
Member since Sep 2003
31411 posts
Posted on 10/17/17 at 9:53 am to
quote:

definitely contributing factors


Why can't you accept that being poor in today's America is a choice?

I know plenty of black kids (and latinos for that matter) that came from poor families who have increased their wealth and will pass down a brighter future to their kids. Why? They choose to get an education, a job, and not waste their money.

Posted by Machine
Earth
Member since May 2011
6001 posts
Posted on 10/17/17 at 9:54 am to
quote:

Why can't you accept that being poor in today's America is a choice?
why can't you admit that a black guy is more likely to get pulled over than a white guy?
Posted by roadGator
Member since Feb 2009
154672 posts
Posted on 10/17/17 at 9:56 am to
Nope. You are simply virtue signaling. It's cool though. It seems to be the hip thing to do in liberal circles.

Posted by AUstar
Member since Dec 2012
19261 posts
Posted on 10/17/17 at 9:56 am to
How is he defining "wealth?" Assets and cash flow or what? I have a hard time believing the average white family has a net worth of $116,000 when most people live paycheck to paycheck and are in debt. There's just no way the average white family has a cleared, debt free worth of $116k.

Though, to be fair, perhaps I live in a bubble and rich coastal elites like Bernie are bringing up the average.
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