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And does anyone else think that affirmitive action has shades of communism?
Originally posted by mobiusmale
reply to post by RestingInPieces
Well of course the figures are supposedly derived from a sample of the populations they "studied". They then use the "results" of this sample to make sweeping statements about the overall population...
These flawed generalizations are then used by the news article's author to make sensational claims about the wealth disparities that are claimed to exist between the classes of individuals discussed.
Statements like, "A huge wealth gap has opened up between black and white people in the US over the past quarter of a century – a difference sufficient to put two children through university – because of racial discrimination and economic policies that favour the affluent"
So, your point is what exactly?
Originally posted by marsvoltafan74
Fun fact for you- Statistics show that one out of three black men will go to prison at least once in their life. All the criminal activety and felonies might be a reson. With a felony on record, getting a good job can be diffilcult. And to me it seems most African Americans are "thugs" or at least try to be.
P.S this post isn't racist, just qualified speculation. Unless you think statistics are racist. I'll admit to sterotyping, but that is not racist. Just because someone observes stereotypes for races doesn't mean they hold a predjudice against that race. Race doesn't matter to me, just behavior does.
A Consumer Financial Protection Agency that ensures fairness for consumers of all financial products would help equalize and regularize the terms on which cash strapped families are borrowing to make ends meet.
The data presented here reveals that income alone does not tell the story of economic security or future opportunities. African Americans, who have worked hard at well paying jobs to achieve the American Dream, are still not able to achieve the wealth of their peers in the workforce, which translates into very different life chances. We can do much more to support wealth building for the vulnerable families. Universal policies alone will not address the race gap; wealth building opportunities must be targeted to families of color whose lives are made even more precarious by not having enough assets to make ends meet when economic challenges arise.