Five Bleak Facts on Black Opportunity

[Yup]

You guys confuse getting rich and building wealth. I repeat wealth is built over more than one generation if it begins and ends with you it is not wealth.

Also if we are going to talk about multimillionaires/billions type money than there first needs to be a strong upper middle class among blacks that consist if businesses that they have built.

You guys are going way ahead of yourselves running before you've even crawled. The environment that you are in is just as important as the wealth building process. Many of the wealthiest white "families" have been so for up to a century or more. Blacks dont even have a foundation but wan to talk about the warren buffets of this world. Even buffets and the gates are minority among whites. What makes white colllective wealthier than average black person is the riche middle to upper middle class which are stabilized through solid family structures.

 

[Yup]

The poorest whites that have known have been passed down some kind of asset through grandparents/great grandparents. The dynamics of too many blackhousehold on top of institutional racism makes it very difficult to build wealth over the long term. Wealth has to be built and sustained, choosing who you marry/proceeate is one of the most importany decision of wealth building.

 

[Poitier]

Wake up dummy, you're already following a broke nikka code. That's why you're broke, nikka

Speak for yourself

 

[MeachTheMonster]

What makes white colllective wealthier than average black person is the riche middle to upper middle class which are stabilized through solid family structures.

That was established through the government passing out wealth.

Has nothing to do with family structure.

Over time the family structure of white people has changed, yet that has had absolutely no effect on their wealth building.

 

[Yup]

That was established through the government passing out wealth.

Has nothing to do with family structure.

Over time the family structure of white people has changed, yet that has had absolutely no effect on their wealth building.

Yes it has changed yet they still marry more than blacks and still are big used the legal system to establish wills and secure assets. Many whites are sustaining wealth they have built ovwr centuries when there were more traditional households.

As these white households resemble black households you'll see more gov intervention. Why? Because everyone knows that blackhouseholds is not a template to emulate.

White middle classes will be hit hard by single parent households.

 

[MeachTheMonster]

Yes it has changed yet they still marry more than blacks and still are big used the legal system to establish wills and secure assets. Many whites are sustaining wealth they have built ovwr centuries when there were more traditional households.

"Traditional households" just came to be within the last generation.

As these white households resemble black households you'll see more gov intervention. Why? Because everyone knows that blackhouseholds is not a template to emulate.

The government did most of its "intervention" before the idea of "the traditional household" even existed.

In fact it's that government intervention that created the idea.

 

[Yup]

"Traditional households" just came to be within the last generation.


The government did most of its "intervention" before the idea of "the traditional household" even existed.

In fact it's that government intervention that created the idea.

Traditional households takes on many forms. You are arguing semantics.
There are nuclear families and they are extended families. The nuclear family is more modern concept. Either way...there are two parenys raising children to aspire to be functional/successful adults that will carry on a lineage.

 

[Yup]

"Traditional households" just came to be within the last generation.


The government did most of its "intervention" before the idea of "the traditional household" even existed.

In fact it's that government intervention that created the idea.

The goverment can give breaks (tax breaks/incentives). It cannot build wealth for those that have no concept of wealth building. People squander money/inheritances everyday. Money alone isnt going to fix black peoples problems.

 

[MeachTheMonster]

Traditional households takes on many forms. You are arguing semantics.
There are nuclear families and they are extended families. The nuclear family is more modern concept. Either way...there are two parenys raising children to aspire to be functional/successful adults that will carry on a lineage.

No. For the majority of human history, kids were raised by a community of women regardless of marital status.

 

[Poitier]

It cannot build wealth for those that have no concept of wealth building.

 

[MeachTheMonster]

The goverment can give breaks (tax breaks/incentives). It cannot build wealth for those that have no concept of wealth building. People squander money/inheritances everyday. Money alone isnt going to fix black peoples problems.

Money =/= wealth.

 

[SNG]

If every single black person on the planet got married, and stayed married, we would still be poor.

Not necessarily true at all I come from a family where most of my family members are all married and all live middle class. They all atleast have a combined income of over 100,000. When you have two people working it makes shyt easier period. Marriage definitely benefits blacks that's why all these cultures are surpassing us because they all have strong family values which you have two people working to create better oppurtunities for your children it's hard to do it alone.

 

[Yup]

Money =/= wealth.

Exactly my point.

 

[Yup]

Not necessarily true at all I come from a family where most of my family members are all married and all live middle class. They all atleast have a combined income of over 100,000. When you have two people working it makes shyt easier period. Marriage definitely benefits blacks that's why all these cultures are surpassing us because they all have strong family values which you have two people working to create better oppurtunities for your children it's hard to do it alone.

It is hustling backwards to do it alone.

 

[Yup]

The government cannot make individual wealthy. Point blank period.