In addition to dominating military spending, the US is #1 in research and development(R&D) spending as information is power. As a multigenerational Black American I appreciated this video.
Some takeaways from the 1950s concerning Blacks(Negros):
- 1 of 3 families owned home per US Bureau of Census
- Homeowners had good payment history
- 15 Billion Dollars annual buying power per Department of Commerce Secretary, Sinclair Weeks
- 1/3 of earned 2,000-5,000 USD annually and one of the fastest growing incomes since the 1930s
- Were becoming the most educated
- At 11:49 you will understand why Blacks prefer name brand items due to a history of hucksters as buying habits were monitored
