Black-White Wealth Gap Getting Worse, 160 Years of US Data Show

[GatorStaceyAdams]

But the vast chasm between White and Black wealth following emancipation -- when Black Americans were freed from bondage without receiving reparations for the nearly 250 years of US enslavement -- would ensure a wealth gap today even if Black Americans hadn’t been left out of major wealth-building opportunities in the past 160 years, the authors found.

The authors find that policies that marry reparations with ones targeting portfolio composition changes could one day lead to a convergence in White and Black wealth, but it could take hundreds of years.

Bloomberg - Are you a robot?

 

[GatorStaceyAdams]

Their model shows that even with reparation's, the gap would likely persist for 100's of years before showing any material improvement.

This has to be a much bigger issue for black voters from now until forever...

 

[Dafunkdoc_Unlimited]

Bu-bu-but Black people don't need reparations. Nothing is stopping us from achieving our goals!!! That's an excuse!!!

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[BaggerofTea]

This thread will be quiet.

 

[ORDER_66]

No shyt its getting worse

 

[bigdaddy88]

nah that cant be coli nikkas are all making six figures and call everybody that spends wisely broke

 

[Chrishaune]

It was built for white folks to win the banking industry. That's why most of the banks are in Europe. Black folks should be more worried about keeping resources we control. Don't let people take control of them. They control the European banking system.

 

[Wildhundreds]

Doesn't matter if black people don't promote black families. If it'll take numerous generations to close this wealth gap, then the black family must be promoted to make it to that day.

Everything within the black community, as we speak, is counter productive to this because nobody looks that far ahead.

 

[Kiyoshi-Dono]

Now juxtaposition this thread with that garbage Fresh and Fit thread
And the blanketed aspersions many posters chimed in as “facts”
This forum is not problack anything
That thread showed you two things
Self centered/i got mine bytch nikkas
Clowns playing digital blackface finally letting their true feelings be known
Watch for the hook on these posters

 

[Wildhundreds]

 

[GoAggieGo.]

Thanks for posting this OP.

When will the majority of our black politicians get up on this, and actually start talking about it? Are they scared reparations are going to be brought up lol. Will they now have to start denouncing some of this degeneracy, although it’s popular?

It’s been known our overall wealth is dropping, and the gap further widens. It needs to be talked about more. I’ll continue to strictly vote for those who mention reparations and/or coke with an agenda for black Americans

 

[Consigliere]

It’s going to get worse until it gets better.
We know this.

What are we supposed to do? What’s the actionable item?

 

[Still Benefited]

If only we had the option to move to another country

 

[I Really Mean It]

At some point, black people need to be held accountable for not demanding what is theirs.

 

[The Gentleman]

This thread will be quiet.

Because chances are we ain’t getting reparations and everyone knows it. And if we do get it won’t the trillions that’s owed.