Top 10% Now Own 77% of American Wealth + Widening Racial Wealth Gap

DEAD7

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The "racism is a myth because Asians" narrative is straight from 4cac, btw, folks.:manny:
Omitting every minority doing better than whites is absurdly dishonest and highlights a clear agenda...
Racism is real, but so is the false narrative(agenda) being pushed by these studies/articles.
 

Alpha Male

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The left operates largely on emotion, not facts.

When confronted with facts they usually get defensive instead of refuting or debating the facts themselves. Either that or they try and discredit the messenger with accusations of being a racist, sexist, c00n, etc.

Luckily for them this board is probably 95% left so they can hide behind the chain of daps whenever they spew their baseless left wing rhetoric.

@Hogan in the Wolfpac

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DirtyD

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What about Arab Americans?

Average medium income = approx 56k/yr

Is America less racist towards them too?:usure:

How come they aren’t being economically oppressed?


Again the population tends to be highly educated due to immigration policy. The stats here deal with Muslims and while not all Arabs are Muslims and not all Muslims are Arab, it still holds true, because Arab immigrants tend to be educated and wealthy before they immigrate to the United States.

Hindus and Muslims in the United States are a pretty elite segment of the global Hindu and Muslim population," says Conrad Hackett, a Pew demographic researcher.

In both cases, they are generally newcomers. Nearly nine out of ten Hindus in the United States and two out of every three Muslims were born outside the country, according to Hackett.

With their relatively high levels of education, they qualify for higher paying positions. As immigrants, their experiences challenge the stereotype of foreign-born workers competing with native-born workers for low-skill, low-wage jobs.



The contrast between high Hindu and Muslim schooling levels in the United States and their low levels worldwide, meanwhile, suggests that the U.S. story is unique.

"A lot of people, when they look at Asian Americans and their relative success, say there's something about Asian culture," notes Karthick Ramakrishnan, a political scientist and immigration expert at the University of California, Riverside. "[But] if you look at culture in Asia, it doesn't predict the same level of success. So we have to look for answers elsewhere."

The answers largely lie in the unique U.S. immigration experience of Muslims and Hindus, almost all of whom have come from distant countries in the Middle East and South Asia.

"They've had to travel to the United States, perhaps at considerable cost," notes Hackett, meaning they are likely to be among the most privileged part of the population in their native countries. In this regard, their situation is different from that facing immigrants from Mexico or Central America, who can move to the United States more easily, with or without immigration papers.
 

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DirtyD

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Anecdotes don't change the fact that actual stats show us that Rich Kids Stay Rich, Poor Kids Stay Poor.

But beyond its immediate conclusions, the paper, like much of Chetty’s recent work as part of his Equality of Opportunity Project, points to a deeper truth: In the U.S., where you come from — where you grow up, how much your parents earn, whether your parents were married — plays a major role in determining where you will end up later in life.
 

Alpha Male

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Anecdotes don't change the fact that actual stats show us that Rich Kids Stay Rich, Poor Kids Stay Poor.

You understand that this has been a right wing talking point for ages, right? That the reason the black community isn't well off has been due to the increasing rate of single motherhood.

I firmly believe that one's standing in life, be it socially or economically, starts with the family. That is the ultimate foundation. If you are a child born of two loving, supportive and sacrificing parents... and they stress the value of hard work and personal accountability... then it is highly unlikely that you will be poor when you are an adult. No matter what color you are.

If you are born into a broken family, or lack adult guidance, or a proper adult role model... then you are way more likely to be poor. No matter what color you are.

If the democrats were truly invested in the advancement of blacks, or any group of people really, they would be stressing the importance of family over everything else.
 

Alpha Male

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:stopitslime:The Right isn't constantly outraged by that type of shyt?

Eat ass, sir.:hhh:

Yes there are people on the right who get mad over silly shyt.

Unfortunately this wasn't a discussion about fake outrage. This was a discussion about you being unable to refute the facts presented in this thread.
 

Arithmetic

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DirtyD

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You understand that this has been a right wing talking point for ages, right? That the reason the black community isn't well off has been due to the increasing rate of single motherhood.

I firmly believe that one's standing in life, be it socially or economically, starts with the family. That is the ultimate foundation. If you are a child born of two loving, supportive and sacrificing parents... and they stress the value of hard work and personal accountability... then it is highly unlikely that you will be poor when you are an adult. No matter what color you are.

If you are born into a broken family, or lack adult guidance, or a proper adult role model... then you are way more likely to be poor. No matter what color you are.

If the democrats were truly invested in the advancement of blacks, or any group of people really, they would be stressing the importance of family over everything else.
The decrease in wealth in the black community is the result of a myriad of factors including globalization, union busting, and predatory lending. Broken families as you call them are a symptom of poverty, not a cause. Couples fight about money more than anything else so it tends to reason that the financial stressors those in poverty experience would cause more marriages to break up.

While the share of single mothers in a community is strongly associated with the level of economic mobility in that community, it explains only a fraction of the reasons why people in some areas remain worse off than people in other areas. The emphasis on single mothers excludes other factors that are just as, if not more, important to understanding economic mobility—factors like inequality, growth, and unemployment, as well as social factors like segregation by race and income. As the study indicates, these factors are also associated with different levels of mobility. Furthermore, research by Harvard sociologist William Julius Wilson has found that poverty and unemployment has a negative impact on family life. Single motherhood may be a symptom, not a cause, of low economic mobility.


Marriage Isn't the Answer to Poverty
 

DEAD7

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The decrease in wealth in the black community is the result of a myriad of factors including globalization, union busting, and predatory lending. Broken families as you call them are a symptom of poverty, not a cause. Couples fight about money more than anything else so it tends to reason that the financial stressors those in poverty experience would cause more marriages to break up.




Marriage Isn't the Answer to Poverty

Disagree.

Having children out of wedlock is a choice. Leaving your children behind to be raised by a single mother is a choice. Having children before you're 18 is a choice. Not setting an example for your children and leading them down the proper path is a choice.

This is true regardless of your race, gender or financial standing.

Being born poor isn't a choice. Staying poor all of your life well into adulthood is a choice.
 
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