https://archive.vn/CyrRv
https://www.rand.org/education-and-labor/projects/racial-wealth-gap.html?
The gap in wealth between Black and white Americans is a product of historical realities that continue to shape economic outcomes. Policy interventions to address current wealth disparities must...
https://www.washingtonpost.com/magazine/2022/10/24/universal-basic-income/
The extraordinary success and thorny politics of a bold policy idea
Perspective by Megan Greenwell
From left, former Stockton Calif., mayor Michael Tubbs; Baltimore Mayor Brandon Scott, center right; guaranteed-income...
This is a white-collar quarantine.’ How the pandemic is magnifying America’s class divide
Betsy Rubio and her daughter, Anahi Rubio, at their apartment, which lacks internet access, in Brownsville, Texas, March 26, 2020.
The U.S. response to the coronavirus is laying bare class divides, in...
Cliffs :
- Young Cac
- Works 15 hours a day for Management Consulting firm
- How he spends his money monthly
- Saves 1/3 of his monthly income
- Paid off Student loan within 5 months of working
- Side Hustles ( w/ Uncle and Dad :beli::skip:)
- Lives outside of Manhattan
- Spends money...
Since President Trump’s Tax Cuts and Jobs Act was enacted, corporate America and the billionaire class have had a field day. As CNBC recently reported, the beneficiaries of these policies don’t fall that far our of the president’s orbit, let alone his cabinet: Secretary of Education Betsy Devos...
"A novel way to take healthcare, etc., away from people AND make it look like there are fewer poor people."
The Trump administration on Monday moved to change the definition of "poverty" in the United States in a proposal which combines the president's attempts to portray the U.S. economy as...
Income Inequality: Why the Economy Is Not Right for All Americans
Apr.08 -- Peter Georgescu, chairman emeritus at Young & Rubicam and author of "Capitalists Arise!," and Torsten Slok, chief international economist at Deutsche Bank, discuss the challenges presented by income inequality and the...
Peter Georgescu, chairman emeritus at Young & Rubicam and author of "Capitalists Arise!," and Torsten Slok, chief international economist at Deutsche Bank, discuss the challenges presented by income inequality and the depth of the problem in the United States. They speak on "Bloomberg Daybreak...
Twenty percent of those age 65 and up haven’t retired. Many can’t afford to.
Just as single-income families began to vanish in the last century, many of America’s elderly are now forgoing retirement for the same reason: They don’t have enough money. Rickety social safety nets, inadequate...
A United Nations official who tours the globe investigating extreme poverty said Thursday that areas of Alabama's Black Belt are suffering the most dire sewage disposal crisis of any place he has visited in a developed country.
"I think it's very uncommon in the First World. This is not a sight...
Black People Are Not All ‘Living in Hell’
A family cookout for a child’s birthday party at D. H. Stanton Park, which was renovated as part of Atlanta’s BeltLine project.DUSTIN CHAMBERS FOR THE NEW YORK TIMES
Contrary to Donald Trump’s indiscriminate portrayal of African-Americans as “living in...
#BlackLivesMatter Introduces a New Visa Debit Card, and Revives the Toxic Old Myths of Black Capitalism | Black Agenda Report
This gets at the simple point which is, the reason why people are poor is because - they have no money.
:francis:
I told some coli brehs yesterday that I was going to make this thread. It's mainly a call to action thread of some sorts :manny: Listen, we as a Black or AA Community (myself included) have to use better logic. Take this past election for example. We had MANY people tapdance for Hillary...
Some months ago, the Wall St. Journal put up a calculator that let you find what percent of the population you were in by income. It was cool in that it let you break it down by race, sex, education, and generation.
See it here
Below, I parsed their data and found the percent income breakdowns...
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