In correct, living paycheck to paycheck is a sign or poor financial management, not whether you or middle class or not.They are in that bracket based on income, but if they live paycheck to paycheck they are NOT middle class smh
I posted stats already
Nothing you posted disproved anything I said, just more deflection from the topic smh
Black people owned less than 1% of all wealth in America when slavery ended
Black people own less than 1% of all wealth in America right now as I type
Income is the lie that is used to justify keeping black people in the economic state that we are in. Income means NOTHING WOTHOUT ASSETS, which black people don't have for the most part.
You seem to be personally offended by facts smh. Your post was one big emotional appeal
Are y'all done deflecting yet? Can we get back on topic??
The stats you posted didn't support your claim, they didn't say black poverty was the majority of the black population. Hell didn't even say the majority of black kids grew up in poverty. So again try to actually read what you post.
No one was having a discussion of wealth, stay on topic.
Income isn't a lie, income is income, saving and investing income is how you develop or purchase assets. What is the main asset that is transfered to children from whites? Inheritance, which is stored up or saved income. Time for you to also take a intro economics class as well as a personal finance class, you are lost on simple facts of economics.
How am I personally offended by facts, when you haven't presented any facts to support what you claim.
What is there to deflect, you literally have no idea what you are talking about.
The average black person cannot pull $1000 together in an emergency. That is poverty no matter what you think you know
The average black person is adversely affected by gentrification. That is poverty no matter what you think you know
The black person is adversely affected by economic downturns. That's poverty no matter what you think you know
The fact that you think there some sort of tangible black middle class speaks to your own ignorance, especially since even high income black families still live paycheck to paycheck
I like how hard you're deflecting from the fact that you can't explain Kendrick's lyrics
How do you know what the average black person can afford to pull together? That literally is something you can't average because it varies depending on the person. SMH
Poverty in economic term in the US is less than 25k a year for a household of 4 I believe, that is the criteria, not what you feel.
How is the average black person adversely affected by gentrification when the average black person doesn't live in a urban environment where gentrification takes place?
Majority of all americans regardless of race are effected negatively by economic downturns, using your logic 99% of the population is in poverty.
The fact that you don't understand there is a black middle class that is the largest single block of black americans in the US, in terms of households, shows how committed you are to the lie and myth of black inferiority.
Living paycheck to paycheck isn't a black thing, its a poor financial management thing. There are plenty of millionairs who live paycheck to paycheck, again we have you trying to conflate poor personal behavior and financial management to black ness and its shows how engrained black inferiority is in your subconcious. You look at the world and probably associate black with being less than, subpar, sickly, poor, criminal, and etc. Like that white supremacist Wolf Blitzer, "So Black" indeed.