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re: Income inequality gap question from town hall

Posted on 9/16/20 at 2:08 pm to
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
12788 posts
Posted on 9/16/20 at 2:08 pm to
Black people, on average, fared far better before Dems really started meddling in their lives.
Posted by Broke
AKA Buttercup
Member since Sep 2006
65042 posts
Posted on 9/16/20 at 2:15 pm to
Income equality is made up bullshite. First of all people don't all start from the same position. 1 may choose to go to college and 1 may be a high school dropout. 1 may choose to work harder than the other and follow the company rules. 1 may choose to be an entrepreneur and open their own company while the other is comfortable answering the phones. You can't have income inequality when life is unequal. It's just stupid to even bring this concept up.
Posted by aujerm
North ATL burbs
Member since Oct 2016
964 posts
Posted on 9/16/20 at 2:17 pm to
It’s all about the victim mentality. As long as someone believes they are a victim, they’re helpless to do anything about their circumstances and think they need to rely on the government to help them out.
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3076 posts
Posted on 9/16/20 at 2:21 pm to
quote:

The reason it happens so much is because there is no longer the stigma of shame. I'm from the 1950s. A young single girl getting pregnant (and the boy refusing to marry her) was incredibly shameful for the girl and her family.
Today, the pregnancy is celebrated.


Another theory is that it's due to LBJ's Great Society program. The government subsidies provided by this program negated the need for the income that the man of the household typically provided. The single parent birthrate in the black community was only 7% prior to this program. Now it's 10 times that.
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123776 posts
Posted on 9/16/20 at 2:28 pm to
quote:

I bring this up because the president was asked about it yesterday and did not really answer the question he focused on job growth and unemployment numbers but his answer didn't really address the question of how do we address income gap inequality?
Income inequality is a misleading statistic. It is a statistic most commonly employed by Anticapitalists.

Here are two graphs illustrating why.

(1) ECONOMIC EXPANSION

In this example, the Top 5% of earners double income over time while the lower 25% triple income over the same period. However, the income gap increases ~170%.


(2) ECONOMIC CONTRACTION
In this 2nd graph, income declines across the board. Income equality is much improved. But income for the lower 25% declines 60% in the process.
This post was edited on 9/16/20 at 2:36 pm
Posted by idlewatcher
County Jail
Member since Jan 2012
78893 posts
Posted on 9/16/20 at 2:37 pm to
Some dude came by our office today to buy a conference table we were trying to get rid of.

MASSIVE black dude who was built like a LB. We got to talking about the current state of race in the country and he started laughing.

He is:
1. A self made man
2. 25 year career military
3. Owner of 3 businesses
4. Graduate of HBCU
5. One kid just graduated from Vandy, the other at UHouston

He said both of his kids wanted to go to HBCU's but he refused b/c they indoctrinated you into "black only" life - only support black businesses, black people etc.

Super cool dude and we'll definitely stay in touch.
Posted by The Melt
Metairie
Member since Apr 2018
984 posts
Posted on 9/16/20 at 2:52 pm to
Colin Cowherd had a good quote today in reference to a player's decisions/outcomes/blame. He said something along the lines of life outcomes are overwhelmingly dependant on one's life choices, not outside factors. It's so true. Some of the black community needs to help each other instead of tearing each other down and more personal responsibility is needed.
Posted by Grinder
Member since Nov 2007
1807 posts
Posted on 9/16/20 at 3:10 pm to
Don’t be mad at me, all because you didn’t pay attention in school.

Posted by ApexTiger
cary nc
Member since Oct 2003
53768 posts
Posted on 9/16/20 at 6:29 pm to
quote:

There will always be poor people. There will always be a significant number of dysfunctional people.


Agreed, but I think we can all agree the imbalance within the Black race is not consistent with other races...

in other words, why do we have such a high percentage of black people who are poor?


No one asks the difficult questions how to change it?

It's always phrased "The income inequality is wrong, it must be addressed"...well,

The first battle is getting most people to agree what the problem actually is...


until then, nothing changes...it's just a bunch of misery and finger pointing...

Posted by ApexTiger
cary nc
Member since Oct 2003
53768 posts
Posted on 9/16/20 at 6:34 pm to
quote:

Another theory is that it's due to LBJ's Great Society program.


agreed, we rewarded mothers for having children out of wedlock

we should try the opposite...

reward the behavior that creates success for the next generation...

eventually that program could be ended...might take 3 or 4 generations

Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 9/16/20 at 6:38 pm to
quote:

People who are prepared to prosper in this country go forward in life, in career in an upward incline in income. Imagine a growth graph line gradually going up over time...

People born without a father, born into poverty raised in an environment where education is not a priority, a rejection of authority are not ingredients for success in life and thus minimum wage type jobs are unfortunately why there's a flat line in income among poor people.



Did you mean to write this in lyrical sing song? Because here is your quote written as beat poetry:

People who are prepared to prosper
in this country go forward in life,
in an upward incline in income.
Imagine a growth graph line
gradually going up over time...

People born without a father,
born into poverty
raised in an environment
where education is not a priority,
a rejection of authority

are not ingredients for success in life
and thus minimum wage type jobs
are unfortunately why there's a flat line
in income among poor mobs.

This post was edited on 9/16/20 at 6:45 pm
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 9/16/20 at 6:39 pm to
quote:

Another theory is that it's due to LBJ's Great Society program


That’s not a theory. It’s a proven and verifiable fact.
Posted by ApexTiger
cary nc
Member since Oct 2003
53768 posts
Posted on 9/16/20 at 6:43 pm to
quote:

People who are prepared to prosper
in this country go forward in life,
in an upward incline in income.
Imagine a growth graph line
gradually going up over time...

People born without a father,
born into poverty
raised in an environment
where education is not a priority,
a rejection of authority

are not ingredients for success in life
and thus minimum wage type jobs
are unfortunately why there's a flat line
in income among poor mobs.


quote:

Did you mean to write this in lyrical sing song? Because here is your quote written as beat poetry:




I had no idea I had hidden talents!
Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 9/16/20 at 6:45 pm to
quote:

I had no idea I had hidden talents!


Any published author will tell you: Never underestimate the power of a good editor.
Posted by WorkinDawg
Atlanta
Member since Sep 2012
9341 posts
Posted on 9/16/20 at 6:46 pm to
quote:

The single parent birthrate in the black community was only 7% prior to this program. Now it's 10 times that.


This is fascinating to me. Back when there was actual systemic racism, the black community had lower out of wedlock birth rates and lower divorce rates than whites. They also had strong communities, thriving economically in the face of actual racism. Today there is very little black ownership of anything in the black community. Guys with that skill-set get the hell out like everyone else.

What's sad about the nonsense we see today is that nothing is going to change. Until black fathers raise their kids the black community is going nowhere but down. And no white man can fix it, nor does any white man cause it....except LBJ who called his shot and he was correct beyond his wildest dreams.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 9/16/20 at 6:50 pm to
Over time people with more talent get farther and farther ahead of those with less.

It's kind of like how Usain Bolt would lead his races by a lot more after 100 meters vs. how far ahead he was at 5 meters.

It is also about supply and demand. How long does it take to pull in someone off the street and train them to be as good as you at what you do? If the answer to that is less than a couple of months why would anybody pay you much more than the least they can?
Posted by ApexTiger
cary nc
Member since Oct 2003
53768 posts
Posted on 9/16/20 at 7:19 pm to
quote:

Any published author will tell you: Never underestimate the power of a good editor.
Posted by VADawg
Wherever
Member since Nov 2011
44698 posts
Posted on 9/16/20 at 7:26 pm to
quote:

in other words, why do we have such a high percentage of black people who are poor?


No one asks the difficult questions how to change it?


Hip hop culture is a stain on humanity. It needs to be burned to the ground, erased, and forgotten by history. It is awful for black people.
Posted by BigOrangeBri
Nashville- 4th & 19
Member since Jul 2012
12261 posts
Posted on 9/16/20 at 7:27 pm to
We all know the reasons, but to acknowledge them would get you called a racist by the mob, who refuse to accept any accountability for the spot the black community is currently in.

Trump knows the real answer, but no way he could say it
Posted by ApexTiger
cary nc
Member since Oct 2003
53768 posts
Posted on 9/16/20 at 7:50 pm to
quote:

Trump knows the real answer, but no way he could say it


but that kind of goes against Trump's MO where he says things that are not PC...

he would gain a ton of respect by calling this duck a duck

he could call out BLM while he's at it

"you never hear BLM mention the role of men in families, or traditional marriage, I wonder why that is?"
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