When did I ever say it did? We aren't all in poverty but damn near all of us are in the working poor, in extremely volatile financial situations than can flip on a dime. Who is going to address and remedy the issue that we are disproportionately the poorest demographic in this country, and the average wealth of a black household is only $4,900 and an unemployment rate of 18.7%? Who has the power to change these things?
No damn near all of us aren't working poor either, the largest class of blacks economically is the middle class actually.
That said the majority of us aren't workign poor.
As for financially volatile, that is the majority of americans of all races even asians.
Who is going to address what? Not saving, investing, and voluntarily living check to check is personal action, not systematic.
Average wealth varies depending on study
http://www.econ.as.nyu.edu/docs/IO/28319/BlackWhiteWealthInequality.pdf
For example, the average black household, with $45,467 in net wealth, would have $67,975 (i.e. 49.5% more) if it were white but
other characteristics were unchanged.
For comparison, the average white household has $145,626 in wealth, and would have only $75,816 (i.e. 47.9% less) if it were black but other characteristics were unchanged. The white regressions explain more in absolute terms, but in proportional terms - which are arguably more important - the results are more comparable