It won't.So in 2050 the median black family won't be worth 0 and we can thank Biden and his 9 billion dollar policy for correcting this path
Biden is funneling Billions of dollars to the Black community through various programs you both siders are c00ns and idiots.
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Dipsey Doo
Superstar
These monies are mostly likely going to NGOs and non profit organization administration.
You wonder why all this money is spent and nothing changes. It never seems to trickle down.
Dafunkdoc_Unlimited
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Does that mean white people get access to this money if they claim they're gay? Ima need a clear definition of that word minority because OP made it seem like 9 billy was going to black folks
This is what the term means according to the guidelines I have to follow when performing audits for certain customers that qualify for some of these programs that money is going towards ......
(f) Definitions
As used in this section, the term-
(1) "minority" means any individual who is a citizen of the United States and who is Asian American, Native Hawaiian, a Pacific Islander, African American, Hispanic, Puerto Rican, Native American, or an Alaska Native;
(2) "minority business enterprise" means a firm, corporation, association, or partnership which is at least 50 percent owned or controlled by a minority or group of minorities; and
(3) "minority educational institution" means an educational institution with an enrollment in which a substantial proportion (as determined by the Secretary) of the students are minorities.
MSN
thegrio.com
If you go into the report mentioned in the article and download the PDF
The Road to Zero Wealth | Prosperity Now
In this report, we examine Federal Reserve data over a 30-year period (1983-2013) to understand the growing racial wealth divide facing Black and Latino households at the median.
prosperitynow.org
"If the racial wealth divide is left unaddressed and is not exacerbated further over the next eight years, median Black household
wealth is on a path to hit zero by 2053—about 10 years after it is projected that racial minorities will comprise the majority of the
nation’s population. Median Latino household wealth is projected to hit zero twenty years later, or by 2073. In sharp contrast,
median White household wealth would climb to $137,000 by 2053 and $147,000 by 2073."
And that was in 2017, pre COVID tracking numbers from 2013. That number is probably a lot sooner now.
Last edited:
east
Screwed up... till tha casket drops!!
usually the government throws everyone into the "minority" melting pot but i'm pretty sure this is one of the few programs aimed at Black ppl only 
page 57-61 https://www.fanniemae.com/media/43636/display
page 57-61 https://www.fanniemae.com/media/43636/display
Dafunkdoc_Unlimited
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These monies are mostly likely going to NGOs and non profit organization administration.
You wonder why all this money is spent and nothing changes. It never seems to trickle down.
Depends. The Non-profit I worked for saved many Black families from being homeless, got them jobs, job training, provided counseling, etc.
My Department did this....
My Department did this....
NJ Department of Community Affairs
Energy Assistance Programs help very low-income residents with their heating and cooling bills and assist them with weatherizing their homes.
www.nj.gov
With some exceptions, federal agencies or leaders are not going to directly say "we're giving millions to black people to help with homeownership." Then you'll get Hispanics, Asians, etc saying what about us? And they would have to create something for every single minority group to avoid being accused of being discriminatory or avoid lawsuits.
The money from the American Rescue Act that was suppose to go to black farmers got stopped in federal court because white farmers sued saying they were being discriminated against.
Its easier to use the term minority to avoid those potential issues and be inclusive to as many people as possible. Obviously that also means minorites are essentially competing against each other to some degree for these resources since its not unlimited.
I think the rational view would be to say that's its good black people have an increased opportunity through these additional resources rather than the irrational view that "it doesn't say black therefore fukk this program."
Also, its up to those implementing the program to make sure those resources are going to actual minority groups and not getting swallowed up or stolen by people who don't need it.
The money from the American Rescue Act that was suppose to go to black farmers got stopped in federal court because white farmers sued saying they were being discriminated against.
Its easier to use the term minority to avoid those potential issues and be inclusive to as many people as possible. Obviously that also means minorites are essentially competing against each other to some degree for these resources since its not unlimited.
I think the rational view would be to say that's its good black people have an increased opportunity through these additional resources rather than the irrational view that "it doesn't say black therefore fukk this program."
Also, its up to those implementing the program to make sure those resources are going to actual minority groups and not getting swallowed up or stolen by people who don't need it.
Nowhere in there does it even say the word black.
PortCityProphet
Follow me to the truth
Some of these coli nikkas need to admit either of 2 things
1. They're just MAGA through and through
Or
2. They have a political intelligence of absolute 0
1. They're just MAGA through and through
Or
2. They have a political intelligence of absolute 0
Cotton Hill
Banned
Low quality post agent.
reddit and whorechan are that a wayIt wouldn't pass it if it said "black""Minority"
Go get that money and quit being scared
you're not getting any cause you're a scared troll so don't worry about it.Does that mean white people get access to this money if they claim they're gay? Ima need a clear definition of that word minority because OP made it seem like 9 billy was going to black folks
Its crazy, we have grown posters who appear to have never taken a civics and government class
