Will there ever be a reemergence of a strong black middle class?

[King]

There used to be back when the automotive industry existed, all over the country there were strong black cities in Michigan, Chicago, Ohio, Cali, etc. But ever since crack, the war on drugs, and mass incarceration hit they’ve all just about been destroyed or dismantled in some way.

Apart from the biggest like some suburbs in Chicago and very select suburbs of Atlanta, among other small cities in the South in places like Texas where some were able to hold onto their generational wealth and maintain their middle class status.

I just don’t see a strong black middle class emerging any time soon, if ever, in the future of this country. The problems in our communities have festered for so long and we as a collective have experienced the worst for decades.

Especially now that things are muddied with the effects of immigration on black opportunity. Black wealth is pretty much at 0% collectively.

Thoughts on this? From a mass-perspective, preferably. Do you personally see a black middle class emerging as it once existed? Perhaps even bigger?

 

[Ol’Otis]

Without reparations, no

 

[hatealot]

what do you consider middle class in todays society? What are the parameters that qualifies as middle class because I'm having a hard time trying to distinguish between the classes

 

[Treblemaka]

No.

The middle class is thinning in America across all races. Wealth is continuing to consolidate in the .5%. The first to fall to poverty is the least empowered economic class which has been us by design in this country. We are the least wealthy economic group statistically which means we are the most vulnerable to economic changes.

 

[Mike809]

Things always get worse, not better.

 

[King]

what do you consider middle class in todays society? What are the parameters that qualifies as middle class because I'm having a hard time trying to distinguish between the classes

I’d definitely say owning a home is a prerequisite. And with today’s inflation probably at least pulling in 100k collectively.

Having enough income to be able to support children through college, have like 2 new cars, etc. Like the stereotypical middle class.

But hell in today’s society you’d probably have to be pulling in at least 300k+ as a unit to be living like that.

 

[FeverPitch2]

Not until Black ppl learn how to use politics to their advantage rather than just sitting out in protest
More of us are interested in being financially literate, and that's fine but having the law of the land work in our favor is the hidden component
Historically, cacs have thrown monkey wrenches in our progress by changing the law on our Black ass once we find something that works for us
We need to get hip to the game and learn how to counter.

 

[Scustin Bieburr]

The middle class is being destroyed all around because our political system is bought and paid for by corporations. They aren't responsible to us as the voters, they're responsible to the corporations who will give them cushy board positions when their mandate expires.

 

[Henri Christophe]

No.

Its gonna be nikkas with paper, and everybody else struggling to get by.

Similar to 3rd world countries where its a small group of rich folks, and the vast majority getting by day-by-day, and the bottom group hungry and sleeping on trash.

Stack up bro.

 

[Kiyoshi-Dono]

Middle class

It’s three classes right now
Ain’t got it
One disaster away from ain’t got it
Jeff Bezos and nem
That’s it
Don’t let these fugazi 6 figga nikkas of thecoli fool you

 

[Henri Christophe]

It’s three classes right now
Ain’t got it
One disaster away from ain’t got it
Jeff Bezos and nem
That’s it
Don’t let these fugazi 6 figga nikkas of thecoli fool you

naaaahhh bruhhh, this GIF got me dead




but thats real talk!

 

[SleezyBigSlim]

Nope, Trump and Biden made sure of that. Two racist in the White House back to back

 

[Bushmaster69]

No.

Its gonna be nikkas with paper, and everybody else struggling to get by.

Similar to 3rd world countries where its a small group of rich folks, and the vast majority getting by day-by-day, and the bottom group hungry and sleeping on trash.

Stack up bro.

Seen the writing on the walls for years.

I suggest ya'll toget into a recession proof and pandemic proof career. Also start a business and own some affordable real estate.

Shyt is going to get spooky out here.

 

[CopiousX]

Nope, Trump and Biden made sure of that. Two racist in the White House back to back

Tbf, this describes 43 of the previous 46 we have had.

 

[Fanservice]

what do you consider middle class in todays society? What are the parameters that qualifies as middle class because I'm having a hard time trying to distinguish between the classes

It depends on how many people you’re supporting with your income, i.e. more about how much spend vs how much you earn.

Extreme example: a breh making 80k a year sounds good on paper. But if he’s supporting 7 kids and a stay at home wife on that salary, his qol will be on the lower end in certain parts of the country because of variations in cost of living