reply to post by Niccawhois
I have read this thread with disappointment.
It really further propagates More stereo typical bantering in a blatant attempt to categorically generalize, separate and denigrate people by skin
What we have in the US is a nation of haves and have nots.
Our entire society here in the US is a result of decades of institutionalized racism and discrimination, based upon skin color.
If you are white you are alright and if your are brown stick around, but if you are Black , GO BACK !
All kidding aside but this is why we see the statistics as posted by the OP.
And if you don't believe a word of what I am saying then look at the correlation of very similar statistics amongst the original American people, and
minority , The Native Americans.
The OTHER "invisible" Minority.
The Native Americans have even worse economic statistics due to their being completely ostracized by American society and resultingly are even
categorically speaking, worse off financially today than even Blacks are.
This is indicative of the long term impacts of a racially segregated society.
The key is looking at our society and it's history.
A poster here is quoted as saying that he didn't own slaves or partake in segregation.
Yes, we are well aware of this fact and neither did I but we need to understand that White Ruled Society certainly DID !
One needs to look at the history of the Armed Forces and how they too were, as American society categorically did, divided by race.
Different neighborhoods, housing and EDUCATION.
After WWII, the Black soldiers who had fought in the war were very pissed off to find that while fighting for ALL American's freedoms in WWII, or so
they were told, they were still a Second Class citizen, in that they couldn't get a job, couldn't enroll in a college, were forced to riding on
the back of the bus, couldn't even get a sandwich at a restaurant, upon returning home from the war, in what was thought was their own home, and
for whom they were risking their lives, the United States of America.
Much of what we are seeing today amongst people of color as far as economics are concerned are the cumulative years of poverty and lack of education,
financial or otherwise. Amongst Blacks AND Native Americans.
Very similar I might add to the statistics amongst Lottery winners today whom statistically have a very high probability of being completely insolvent
within 5-10 years of having won their windfall earnings.
Is this statistic due to them being Black ?
No, this statistic in that there are considerably more White lottery winners nationwide than Blacks or Native Americans is moreso likely attributed to
lack of education and/or financial knowledge and how to manage their earnings.
Plain and Simple.
[edit on 5-6-2010 by nh_ee]