Rich Men North of Richmond

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This singer and the fans of his song are emblematic of multiple generations of white, uneducated people who cannot compete in the modern world.

These people are some of the most entitled people in the history of mankind. Despite having a 200 year head start, they are still moping about how everything is going to hell. Meanwhile, immigrants routinely come to this country from Asia and rocket their families into the upper income tier within a generation because they value education. This is just a sad song for lazy losers to drown in their misplaced victimhood.

Nailed it. Welcome to the Trump base.

And what does it tell us about the blacks that have been here for centuries longer?

There were laws in place to oppress and take any wealth generated by blacks. The poor white are poor because they are lazy.

LOL. No black person is poor at this moment in time because of laws in place more than half a century ago. If you think the average white person is benefiting from some kind of generational wealth, you need to get out more.

Inhabitants of the DC provincial bubble do need to get out more, but good luck telling them.

Gosh. If only this had ever been studied?

https://budgetmodel.wharton.upenn.edu/issues/2021/12/17/inheritances-by-race#:~:text=Across%20all%20age%20groups%2C%20White,average%2C%20differs%20slightly%20by%20race.

Oh. Wait.

"Across all age groups, White households on average inherit about $15,000, about five times more than Black families and over six times more than Hispanic families"

In other words, it's Hispanics who could be whining...but instead they are working hard and getting ahead. Same as any minority group or person who wants.

Don't be so openly racist.

In other words, all of the yammering you and your buddies do about how Black people have no disadvantages against poor White people is, on average, $12,000 wrong.

That’s the difference between having a car payment and a paid off car. Or a paid for Associates vs a student loan. In other words, life changing money for many.

(DP) That survey also says that the probability of receiving an inheritance at all for all people is between 2.4 and 11%, so this seems to be a lot of focus on a very small number of people who might actually receive an inheritance. It really should not be generalized to the full electorate. Also, if the 5% of wealthiest people were eliminated from the survey, or even just the 1%, the averages would be very different.

It never ends though. A property in a predominantly white community is more valuable than an identical property in a predominantly black community. That is true anywhere in America. The schools aren’t equal. The black homeowner in a black neighborhood probably has a lower credit rating and higher interest rate. The white-owned house in the white-neighborhood with the majority white school appreciates rapidly in value. The black-owned house in the black neighborhood with the majority black school may not appreciate at all.

Now you’re just making stuff up to serve your own bias.

If property in a white community is more valuable than a predominantly black community then why is real estate in NE DC more expensive than most places in west virginia? A white working class family in Hagerstown, MD would see zero real estate appreciation while a black family in Shaw could sell for hundreds of thousands more than 20 years ago.

Sigh. You’re not thinking about this objectively because you’re so busy trying to feel like you’re a victim.

Yes, some black neighborhoods have appreciated more than some white ones.

However, black families were explicitly denied the right to buy houses in the kind of neighborhoods which have seen the largest (not large, largest) growth in prices. What do you think the impact of those laws were?

And, when they were forced by those laws into housing purchases in areas which have absolutely not appreciated, what impact do you think that has had on the ability to amass generational wealth?

Most immigrants arrive without any generational wealth and do well in just 1-2 generations.

There are much more important factors at play than whatever happened 3-4-5 generations ago.

Not only do they typically arrive without generational wealth, but they are often learning to speak English.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This singer and the fans of his song are emblematic of multiple generations of white, uneducated people who cannot compete in the modern world.

These people are some of the most entitled people in the history of mankind. Despite having a 200 year head start, they are still moping about how everything is going to hell. Meanwhile, immigrants routinely come to this country from Asia and rocket their families into the upper income tier within a generation because they value education. This is just a sad song for lazy losers to drown in their misplaced victimhood.

Nailed it. Welcome to the Trump base.

And what does it tell us about the blacks that have been here for centuries longer?

There were laws in place to oppress and take any wealth generated by blacks. The poor white are poor because they are lazy.

LOL. No black person is poor at this moment in time because of laws in place more than half a century ago. If you think the average white person is benefiting from some kind of generational wealth, you need to get out more.

Inhabitants of the DC provincial bubble do need to get out more, but good luck telling them.

Gosh. If only this had ever been studied?

https://budgetmodel.wharton.upenn.edu/issues/2021/12/17/inheritances-by-race#:~:text=Across%20all%20age%20groups%2C%20White,average%2C%20differs%20slightly%20by%20race.

Oh. Wait.

"Across all age groups, White households on average inherit about $15,000, about five times more than Black families and over six times more than Hispanic families"

In other words, it's Hispanics who could be whining...but instead they are working hard and getting ahead. Same as any minority group or person who wants.

Don't be so openly racist.

In other words, all of the yammering you and your buddies do about how Black people have no disadvantages against poor White people is, on average, $12,000 wrong.

That’s the difference between having a car payment and a paid off car. Or a paid for Associates vs a student loan. In other words, life changing money for many.

(DP) That survey also says that the probability of receiving an inheritance at all for all people is between 2.4 and 11%, so this seems to be a lot of focus on a very small number of people who might actually receive an inheritance. It really should not be generalized to the full electorate. Also, if the 5% of wealthiest people were eliminated from the survey, or even just the 1%, the averages would be very different.

It never ends though. A property in a predominantly white community is more valuable than an identical property in a predominantly black community. That is true anywhere in America. The schools aren’t equal. The black homeowner in a black neighborhood probably has a lower credit rating and higher interest rate. The white-owned house in the white-neighborhood with the majority white school appreciates rapidly in value. The black-owned house in the black neighborhood with the majority black school may not appreciate at all.

Now you’re just making stuff up to serve your own bias.

If property in a white community is more valuable than a predominantly black community then why is real estate in NE DC more expensive than most places in west virginia? A white working class family in Hagerstown, MD would see zero real estate appreciation while a black family in Shaw could sell for hundreds of thousands more than 20 years ago.

Sigh. You’re not thinking about this objectively because you’re so busy trying to feel like you’re a victim.

Yes, some black neighborhoods have appreciated more than some white ones.

However, black families were explicitly denied the right to buy houses in the kind of neighborhoods which have seen the largest (not large, largest) growth in prices. What do you think the impact of those laws were?

And, when they were forced by those laws into housing purchases in areas which have absolutely not appreciated, what impact do you think that has had on the ability to amass generational wealth?

Most immigrants arrive without any generational wealth and do well in just 1-2 generations.

There are much more important factors at play than whatever happened 3-4-5 generations ago.

Not only do they typically arrive without generational wealth, but they are often learning to speak English.

Blacks arrived here as slaves. They could not accumulate wealth. After they were freed laws denied them equal opportunity, the state oppressed them, terrorist organizations attacked them, any wealth accumulated was taken from them, etc. There is no comparing a slave vs someone who immigrant here.

[Anonymous]

OK - it turns out that this "Oliver Anthony" is completely a fraud. . .

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This singer and the fans of his song are emblematic of multiple generations of white, uneducated people who cannot compete in the modern world.

These people are some of the most entitled people in the history of mankind. Despite having a 200 year head start, they are still moping about how everything is going to hell. Meanwhile, immigrants routinely come to this country from Asia and rocket their families into the upper income tier within a generation because they value education. This is just a sad song for lazy losers to drown in their misplaced victimhood.

Nailed it. Welcome to the Trump base.

And what does it tell us about the blacks that have been here for centuries longer?

There were laws in place to oppress and take any wealth generated by blacks. The poor white are poor because they are lazy.

LOL. No black person is poor at this moment in time because of laws in place more than half a century ago. If you think the average white person is benefiting from some kind of generational wealth, you need to get out more.

Inhabitants of the DC provincial bubble do need to get out more, but good luck telling them.

Gosh. If only this had ever been studied?

https://budgetmodel.wharton.upenn.edu/issues/2021/12/17/inheritances-by-race#:~:text=Across%20all%20age%20groups%2C%20White,average%2C%20differs%20slightly%20by%20race.

Oh. Wait.

"Across all age groups, White households on average inherit about $15,000, about five times more than Black families and over six times more than Hispanic families"

In other words, it's Hispanics who could be whining...but instead they are working hard and getting ahead. Same as any minority group or person who wants.

Don't be so openly racist.

In other words, all of the yammering you and your buddies do about how Black people have no disadvantages against poor White people is, on average, $12,000 wrong.

That’s the difference between having a car payment and a paid off car. Or a paid for Associates vs a student loan. In other words, life changing money for many.

(DP) That survey also says that the probability of receiving an inheritance at all for all people is between 2.4 and 11%, so this seems to be a lot of focus on a very small number of people who might actually receive an inheritance. It really should not be generalized to the full electorate. Also, if the 5% of wealthiest people were eliminated from the survey, or even just the 1%, the averages would be very different.

It never ends though. A property in a predominantly white community is more valuable than an identical property in a predominantly black community. That is true anywhere in America. The schools aren’t equal. The black homeowner in a black neighborhood probably has a lower credit rating and higher interest rate. The white-owned house in the white-neighborhood with the majority white school appreciates rapidly in value. The black-owned house in the black neighborhood with the majority black school may not appreciate at all.

Now you’re just making stuff up to serve your own bias.

If property in a white community is more valuable than a predominantly black community then why is real estate in NE DC more expensive than most places in west virginia? A white working class family in Hagerstown, MD would see zero real estate appreciation while a black family in Shaw could sell for hundreds of thousands more than 20 years ago.

Sigh. You’re not thinking about this objectively because you’re so busy trying to feel like you’re a victim.

Yes, some black neighborhoods have appreciated more than some white ones.

However, black families were explicitly denied the right to buy houses in the kind of neighborhoods which have seen the largest (not large, largest) growth in prices. What do you think the impact of those laws were?

And, when they were forced by those laws into housing purchases in areas which have absolutely not appreciated, what impact do you think that has had on the ability to amass generational wealth?

Most immigrants arrive without any generational wealth and do well in just 1-2 generations.

There are much more important factors at play than whatever happened 3-4-5 generations ago.

Not only do they typically arrive without generational wealth, but they are often learning to speak English.

Blacks arrived here as slaves. They could not accumulate wealth. After they were freed laws denied them equal opportunity, the state oppressed them, terrorist organizations attacked them, any wealth accumulated was taken from them, etc. There is no comparing a slave vs someone who immigrant here.

PP here. I didn't make a comparison with slavery. It's true, however, that most immigrants arrive here with no generational wealth and have to learn the English language. As a group, Hispanics are extremely hard working and willing to work long hours. They often earn enough through menial jobs to support their families and send money home to their parents and other relatives. I work in schools in lower SES areas with a large number of Spanish speaking immigrants. Their work ethic is extremely admirable. The mothers often come to school conferences with younger children in tow after riding city buses to get there.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This singer and the fans of his song are emblematic of multiple generations of white, uneducated people who cannot compete in the modern world.

These people are some of the most entitled people in the history of mankind. Despite having a 200 year head start, they are still moping about how everything is going to hell. Meanwhile, immigrants routinely come to this country from Asia and rocket their families into the upper income tier within a generation because they value education. This is just a sad song for lazy losers to drown in their misplaced victimhood.

Nailed it. Welcome to the Trump base.

And what does it tell us about the blacks that have been here for centuries longer?

There were laws in place to oppress and take any wealth generated by blacks. The poor white are poor because they are lazy.

LOL. No black person is poor at this moment in time because of laws in place more than half a century ago. If you think the average white person is benefiting from some kind of generational wealth, you need to get out more.

Inhabitants of the DC provincial bubble do need to get out more, but good luck telling them.

Gosh. If only this had ever been studied?

https://budgetmodel.wharton.upenn.edu/issues/2021/12/17/inheritances-by-race#:~:text=Across%20all%20age%20groups%2C%20White,average%2C%20differs%20slightly%20by%20race.

Oh. Wait.

"Across all age groups, White households on average inherit about $15,000, about five times more than Black families and over six times more than Hispanic families"

In other words, it's Hispanics who could be whining...but instead they are working hard and getting ahead. Same as any minority group or person who wants.

Don't be so openly racist.

In other words, all of the yammering you and your buddies do about how Black people have no disadvantages against poor White people is, on average, $12,000 wrong.

That’s the difference between having a car payment and a paid off car. Or a paid for Associates vs a student loan. In other words, life changing money for many.

(DP) That survey also says that the probability of receiving an inheritance at all for all people is between 2.4 and 11%, so this seems to be a lot of focus on a very small number of people who might actually receive an inheritance. It really should not be generalized to the full electorate. Also, if the 5% of wealthiest people were eliminated from the survey, or even just the 1%, the averages would be very different.

It never ends though. A property in a predominantly white community is more valuable than an identical property in a predominantly black community. That is true anywhere in America. The schools aren’t equal. The black homeowner in a black neighborhood probably has a lower credit rating and higher interest rate. The white-owned house in the white-neighborhood with the majority white school appreciates rapidly in value. The black-owned house in the black neighborhood with the majority black school may not appreciate at all.

Now you’re just making stuff up to serve your own bias.

If property in a white community is more valuable than a predominantly black community then why is real estate in NE DC more expensive than most places in west virginia? A white working class family in Hagerstown, MD would see zero real estate appreciation while a black family in Shaw could sell for hundreds of thousands more than 20 years ago.

Sigh. You’re not thinking about this objectively because you’re so busy trying to feel like you’re a victim.

Yes, some black neighborhoods have appreciated more than some white ones.

However, black families were explicitly denied the right to buy houses in the kind of neighborhoods which have seen the largest (not large, largest) growth in prices. What do you think the impact of those laws were?

And, when they were forced by those laws into housing purchases in areas which have absolutely not appreciated, what impact do you think that has had on the ability to amass generational wealth?

Most immigrants arrive without any generational wealth and do well in just 1-2 generations.

There are much more important factors at play than whatever happened 3-4-5 generations ago.

Not only do they typically arrive without generational wealth, but they are often learning to speak English.

And often without legal papers, making life more difficult. And showing what can be achieved simply via hard work and family support.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This singer and the fans of his song are emblematic of multiple generations of white, uneducated people who cannot compete in the modern world.

These people are some of the most entitled people in the history of mankind. Despite having a 200 year head start, they are still moping about how everything is going to hell. Meanwhile, immigrants routinely come to this country from Asia and rocket their families into the upper income tier within a generation because they value education. This is just a sad song for lazy losers to drown in their misplaced victimhood.

Nailed it. Welcome to the Trump base.

And what does it tell us about the blacks that have been here for centuries longer?

There were laws in place to oppress and take any wealth generated by blacks. The poor white are poor because they are lazy.

LOL. No black person is poor at this moment in time because of laws in place more than half a century ago. If you think the average white person is benefiting from some kind of generational wealth, you need to get out more.

Inhabitants of the DC provincial bubble do need to get out more, but good luck telling them.

Gosh. If only this had ever been studied?

https://budgetmodel.wharton.upenn.edu/issues/2021/12/17/inheritances-by-race#:~:text=Across%20all%20age%20groups%2C%20White,average%2C%20differs%20slightly%20by%20race.

Oh. Wait.

"Across all age groups, White households on average inherit about $15,000, about five times more than Black families and over six times more than Hispanic families"

In other words, it's Hispanics who could be whining...but instead they are working hard and getting ahead. Same as any minority group or person who wants.

Don't be so openly racist.

In other words, all of the yammering you and your buddies do about how Black people have no disadvantages against poor White people is, on average, $12,000 wrong.

That’s the difference between having a car payment and a paid off car. Or a paid for Associates vs a student loan. In other words, life changing money for many.

(DP) That survey also says that the probability of receiving an inheritance at all for all people is between 2.4 and 11%, so this seems to be a lot of focus on a very small number of people who might actually receive an inheritance. It really should not be generalized to the full electorate. Also, if the 5% of wealthiest people were eliminated from the survey, or even just the 1%, the averages would be very different.

It never ends though. A property in a predominantly white community is more valuable than an identical property in a predominantly black community. That is true anywhere in America. The schools aren’t equal. The black homeowner in a black neighborhood probably has a lower credit rating and higher interest rate. The white-owned house in the white-neighborhood with the majority white school appreciates rapidly in value. The black-owned house in the black neighborhood with the majority black school may not appreciate at all.

Now you’re just making stuff up to serve your own bias.

If property in a white community is more valuable than a predominantly black community then why is real estate in NE DC more expensive than most places in west virginia? A white working class family in Hagerstown, MD would see zero real estate appreciation while a black family in Shaw could sell for hundreds of thousands more than 20 years ago.

Sigh. You’re not thinking about this objectively because you’re so busy trying to feel like you’re a victim.

Yes, some black neighborhoods have appreciated more than some white ones.

However, black families were explicitly denied the right to buy houses in the kind of neighborhoods which have seen the largest (not large, largest) growth in prices. What do you think the impact of those laws were?

And, when they were forced by those laws into housing purchases in areas which have absolutely not appreciated, what impact do you think that has had on the ability to amass generational wealth?

Most immigrants arrive without any generational wealth and do well in just 1-2 generations.

There are much more important factors at play than whatever happened 3-4-5 generations ago.

Not only do they typically arrive without generational wealth, but they are often learning to speak English.

Blacks arrived here as slaves. They could not accumulate wealth. After they were freed laws denied them equal opportunity, the state oppressed them, terrorist organizations attacked them, any wealth accumulated was taken from them, etc. There is no comparing a slave vs someone who immigrant here.

PP here. I didn't make a comparison with slavery. It's true, however, that most immigrants arrive here with no generational wealth and have to learn the English language. As a group, Hispanics are extremely hard working and willing to work long hours. They often earn enough through menial jobs to support their families and send money home to their parents and other relatives. I work in schools in lower SES areas with a large number of Spanish speaking immigrants. Their work ethic is extremely admirable. The mothers often come to school conferences with younger children in tow after riding city buses to get there.

Same with most Asian, Arab, African immigrants.

The "generational wealth" excuse is crap and helps no one -- particularly US-born blacks.

[Anonymous]

What group do y'all think isn't hardworking? I've never noticed any demographic not to be full of hardworking people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This singer and the fans of his song are emblematic of multiple generations of white, uneducated people who cannot compete in the modern world.

These people are some of the most entitled people in the history of mankind. Despite having a 200 year head start, they are still moping about how everything is going to hell. Meanwhile, immigrants routinely come to this country from Asia and rocket their families into the upper income tier within a generation because they value education. This is just a sad song for lazy losers to drown in their misplaced victimhood.

Nailed it. Welcome to the Trump base.

And what does it tell us about the blacks that have been here for centuries longer?

There were laws in place to oppress and take any wealth generated by blacks. The poor white are poor because they are lazy.

LOL. No black person is poor at this moment in time because of laws in place more than half a century ago. If you think the average white person is benefiting from some kind of generational wealth, you need to get out more.

Inhabitants of the DC provincial bubble do need to get out more, but good luck telling them.

Gosh. If only this had ever been studied?

https://budgetmodel.wharton.upenn.edu/issues/2021/12/17/inheritances-by-race#:~:text=Across%20all%20age%20groups%2C%20White,average%2C%20differs%20slightly%20by%20race.

Oh. Wait.

"Across all age groups, White households on average inherit about $15,000, about five times more than Black families and over six times more than Hispanic families"

In other words, it's Hispanics who could be whining...but instead they are working hard and getting ahead. Same as any minority group or person who wants.

Don't be so openly racist.

In other words, all of the yammering you and your buddies do about how Black people have no disadvantages against poor White people is, on average, $12,000 wrong.

That’s the difference between having a car payment and a paid off car. Or a paid for Associates vs a student loan. In other words, life changing money for many.

(DP) That survey also says that the probability of receiving an inheritance at all for all people is between 2.4 and 11%, so this seems to be a lot of focus on a very small number of people who might actually receive an inheritance. It really should not be generalized to the full electorate. Also, if the 5% of wealthiest people were eliminated from the survey, or even just the 1%, the averages would be very different.

It never ends though. A property in a predominantly white community is more valuable than an identical property in a predominantly black community. That is true anywhere in America. The schools aren’t equal. The black homeowner in a black neighborhood probably has a lower credit rating and higher interest rate. The white-owned house in the white-neighborhood with the majority white school appreciates rapidly in value. The black-owned house in the black neighborhood with the majority black school may not appreciate at all.

Now you’re just making stuff up to serve your own bias.

If property in a white community is more valuable than a predominantly black community then why is real estate in NE DC more expensive than most places in west virginia? A white working class family in Hagerstown, MD would see zero real estate appreciation while a black family in Shaw could sell for hundreds of thousands more than 20 years ago.

Sigh. You’re not thinking about this objectively because you’re so busy trying to feel like you’re a victim.

Yes, some black neighborhoods have appreciated more than some white ones.

However, black families were explicitly denied the right to buy houses in the kind of neighborhoods which have seen the largest (not large, largest) growth in prices. What do you think the impact of those laws were?

And, when they were forced by those laws into housing purchases in areas which have absolutely not appreciated, what impact do you think that has had on the ability to amass generational wealth?

Most immigrants arrive without any generational wealth and do well in just 1-2 generations.

There are much more important factors at play than whatever happened 3-4-5 generations ago.

I’m a white millennial. My father attended segregated elementary schools. That’s *one* generation.

My father is a fairly young boomer. Redlining was only legally outlawed (still took place in practice by federally outlawed) in 1968. This isn’t ancient history.

You may think there are more important factors at play but to deny the existence of a factor is willful ignorance.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This singer and the fans of his song are emblematic of multiple generations of white, uneducated people who cannot compete in the modern world.

These people are some of the most entitled people in the history of mankind. Despite having a 200 year head start, they are still moping about how everything is going to hell. Meanwhile, immigrants routinely come to this country from Asia and rocket their families into the upper income tier within a generation because they value education. This is just a sad song for lazy losers to drown in their misplaced victimhood.

Nailed it. Welcome to the Trump base.

And what does it tell us about the blacks that have been here for centuries longer?

There were laws in place to oppress and take any wealth generated by blacks. The poor white are poor because they are lazy.

LOL. No black person is poor at this moment in time because of laws in place more than half a century ago. If you think the average white person is benefiting from some kind of generational wealth, you need to get out more.

Inhabitants of the DC provincial bubble do need to get out more, but good luck telling them.

Gosh. If only this had ever been studied?

https://budgetmodel.wharton.upenn.edu/issues/2021/12/17/inheritances-by-race#:~:text=Across%20all%20age%20groups%2C%20White,average%2C%20differs%20slightly%20by%20race.

Oh. Wait.

"Across all age groups, White households on average inherit about $15,000, about five times more than Black families and over six times more than Hispanic families"

In other words, it's Hispanics who could be whining...but instead they are working hard and getting ahead. Same as any minority group or person who wants.

Don't be so openly racist.

In other words, all of the yammering you and your buddies do about how Black people have no disadvantages against poor White people is, on average, $12,000 wrong.

That’s the difference between having a car payment and a paid off car. Or a paid for Associates vs a student loan. In other words, life changing money for many.

(DP) That survey also says that the probability of receiving an inheritance at all for all people is between 2.4 and 11%, so this seems to be a lot of focus on a very small number of people who might actually receive an inheritance. It really should not be generalized to the full electorate. Also, if the 5% of wealthiest people were eliminated from the survey, or even just the 1%, the averages would be very different.

It never ends though. A property in a predominantly white community is more valuable than an identical property in a predominantly black community. That is true anywhere in America. The schools aren’t equal. The black homeowner in a black neighborhood probably has a lower credit rating and higher interest rate. The white-owned house in the white-neighborhood with the majority white school appreciates rapidly in value. The black-owned house in the black neighborhood with the majority black school may not appreciate at all.

Now you’re just making stuff up to serve your own bias.

If property in a white community is more valuable than a predominantly black community then why is real estate in NE DC more expensive than most places in west virginia? A white working class family in Hagerstown, MD would see zero real estate appreciation while a black family in Shaw could sell for hundreds of thousands more than 20 years ago.

Sigh. You’re not thinking about this objectively because you’re so busy trying to feel like you’re a victim.

Yes, some black neighborhoods have appreciated more than some white ones.

However, black families were explicitly denied the right to buy houses in the kind of neighborhoods which have seen the largest (not large, largest) growth in prices. What do you think the impact of those laws were?

And, when they were forced by those laws into housing purchases in areas which have absolutely not appreciated, what impact do you think that has had on the ability to amass generational wealth?

Most immigrants arrive without any generational wealth and do well in just 1-2 generations.

There are much more important factors at play than whatever happened 3-4-5 generations ago.

Not only do they typically arrive without generational wealth, but they are often learning to speak English.

Blacks arrived here as slaves. They could not accumulate wealth. After they were freed laws denied them equal opportunity, the state oppressed them, terrorist organizations attacked them, any wealth accumulated was taken from them, etc. There is no comparing a slave vs someone who immigrant here.

Yeah knowing the English language and American culture provides Zero privileges.

Oh wait, it provides HUGE advantages.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This singer and the fans of his song are emblematic of multiple generations of white, uneducated people who cannot compete in the modern world.

These people are some of the most entitled people in the history of mankind. Despite having a 200 year head start, they are still moping about how everything is going to hell. Meanwhile, immigrants routinely come to this country from Asia and rocket their families into the upper income tier within a generation because they value education. This is just a sad song for lazy losers to drown in their misplaced victimhood.

Nailed it. Welcome to the Trump base.

And what does it tell us about the blacks that have been here for centuries longer?

There were laws in place to oppress and take any wealth generated by blacks. The poor white are poor because they are lazy.

LOL. No black person is poor at this moment in time because of laws in place more than half a century ago. If you think the average white person is benefiting from some kind of generational wealth, you need to get out more.

Inhabitants of the DC provincial bubble do need to get out more, but good luck telling them.

Gosh. If only this had ever been studied?

https://budgetmodel.wharton.upenn.edu/issues/2021/12/17/inheritances-by-race#:~:text=Across%20all%20age%20groups%2C%20White,average%2C%20differs%20slightly%20by%20race.

Oh. Wait.

"Across all age groups, White households on average inherit about $15,000, about five times more than Black families and over six times more than Hispanic families"

In other words, it's Hispanics who could be whining...but instead they are working hard and getting ahead. Same as any minority group or person who wants.

Don't be so openly racist.

In other words, all of the yammering you and your buddies do about how Black people have no disadvantages against poor White people is, on average, $12,000 wrong.

That’s the difference between having a car payment and a paid off car. Or a paid for Associates vs a student loan. In other words, life changing money for many.

(DP) That survey also says that the probability of receiving an inheritance at all for all people is between 2.4 and 11%, so this seems to be a lot of focus on a very small number of people who might actually receive an inheritance. It really should not be generalized to the full electorate. Also, if the 5% of wealthiest people were eliminated from the survey, or even just the 1%, the averages would be very different.

It never ends though. A property in a predominantly white community is more valuable than an identical property in a predominantly black community. That is true anywhere in America. The schools aren’t equal. The black homeowner in a black neighborhood probably has a lower credit rating and higher interest rate. The white-owned house in the white-neighborhood with the majority white school appreciates rapidly in value. The black-owned house in the black neighborhood with the majority black school may not appreciate at all.

Now you’re just making stuff up to serve your own bias.

If property in a white community is more valuable than a predominantly black community then why is real estate in NE DC more expensive than most places in west virginia? A white working class family in Hagerstown, MD would see zero real estate appreciation while a black family in Shaw could sell for hundreds of thousands more than 20 years ago.

Sigh. You’re not thinking about this objectively because you’re so busy trying to feel like you’re a victim.

Yes, some black neighborhoods have appreciated more than some white ones.

However, black families were explicitly denied the right to buy houses in the kind of neighborhoods which have seen the largest (not large, largest) growth in prices. What do you think the impact of those laws were?

And, when they were forced by those laws into housing purchases in areas which have absolutely not appreciated, what impact do you think that has had on the ability to amass generational wealth?

Most immigrants arrive without any generational wealth and do well in just 1-2 generations.

There are much more important factors at play than whatever happened 3-4-5 generations ago.

Not only do they typically arrive without generational wealth, but they are often learning to speak English.

Blacks arrived here as slaves. They could not accumulate wealth. After they were freed laws denied them equal opportunity, the state oppressed them, terrorist organizations attacked them, any wealth accumulated was taken from them, etc. There is no comparing a slave vs someone who immigrant here.

Yeah knowing the English language and American culture provides Zero privileges.

Oh wait, it provides HUGE advantages.

+1

Plus getting a ton of government support

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This singer and the fans of his song are emblematic of multiple generations of white, uneducated people who cannot compete in the modern world.

These people are some of the most entitled people in the history of mankind. Despite having a 200 year head start, they are still moping about how everything is going to hell. Meanwhile, immigrants routinely come to this country from Asia and rocket their families into the upper income tier within a generation because they value education. This is just a sad song for lazy losers to drown in their misplaced victimhood.

Nailed it. Welcome to the Trump base.

And what does it tell us about the blacks that have been here for centuries longer?

There were laws in place to oppress and take any wealth generated by blacks. The poor white are poor because they are lazy.

LOL. No black person is poor at this moment in time because of laws in place more than half a century ago. If you think the average white person is benefiting from some kind of generational wealth, you need to get out more.

Inhabitants of the DC provincial bubble do need to get out more, but good luck telling them.

Gosh. If only this had ever been studied?

https://budgetmodel.wharton.upenn.edu/issues/2021/12/17/inheritances-by-race#:~:text=Across%20all%20age%20groups%2C%20White,average%2C%20differs%20slightly%20by%20race.

Oh. Wait.

"Across all age groups, White households on average inherit about $15,000, about five times more than Black families and over six times more than Hispanic families"

In other words, it's Hispanics who could be whining...but instead they are working hard and getting ahead. Same as any minority group or person who wants.

Don't be so openly racist.

In other words, all of the yammering you and your buddies do about how Black people have no disadvantages against poor White people is, on average, $12,000 wrong.

That’s the difference between having a car payment and a paid off car. Or a paid for Associates vs a student loan. In other words, life changing money for many.

(DP) That survey also says that the probability of receiving an inheritance at all for all people is between 2.4 and 11%, so this seems to be a lot of focus on a very small number of people who might actually receive an inheritance. It really should not be generalized to the full electorate. Also, if the 5% of wealthiest people were eliminated from the survey, or even just the 1%, the averages would be very different.

It never ends though. A property in a predominantly white community is more valuable than an identical property in a predominantly black community. That is true anywhere in America. The schools aren’t equal. The black homeowner in a black neighborhood probably has a lower credit rating and higher interest rate. The white-owned house in the white-neighborhood with the majority white school appreciates rapidly in value. The black-owned house in the black neighborhood with the majority black school may not appreciate at all.

Now you’re just making stuff up to serve your own bias.

If property in a white community is more valuable than a predominantly black community then why is real estate in NE DC more expensive than most places in west virginia? A white working class family in Hagerstown, MD would see zero real estate appreciation while a black family in Shaw could sell for hundreds of thousands more than 20 years ago.

Sigh. You’re not thinking about this objectively because you’re so busy trying to feel like you’re a victim.

Yes, some black neighborhoods have appreciated more than some white ones.

However, black families were explicitly denied the right to buy houses in the kind of neighborhoods which have seen the largest (not large, largest) growth in prices. What do you think the impact of those laws were?

And, when they were forced by those laws into housing purchases in areas which have absolutely not appreciated, what impact do you think that has had on the ability to amass generational wealth?

Most immigrants arrive without any generational wealth and do well in just 1-2 generations.

There are much more important factors at play than whatever happened 3-4-5 generations ago.

I’m a white millennial. My father attended segregated elementary schools. That’s *one* generation.

My father is a fairly young boomer. Redlining was only legally outlawed (still took place in practice by federally outlawed) in 1968. This isn’t ancient history.

You may think there are more important factors at play but to deny the existence of a factor is willful ignorance.

It's fascinating how white millennials know everything about black & minority life. Must be genetic.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:This singer and the fans of his song are emblematic of multiple generations of white, uneducated people who cannot compete in the modern world.

These people are some of the most entitled people in the history of mankind. Despite having a 200 year head start, they are still moping about how everything is going to hell. Meanwhile, immigrants routinely come to this country from Asia and rocket their families into the upper income tier within a generation because they value education. This is just a sad song for lazy losers to drown in their misplaced victimhood.

Nailed it. Welcome to the Trump base.

And what does it tell us about the blacks that have been here for centuries longer?

There were laws in place to oppress and take any wealth generated by blacks. The poor white are poor because they are lazy.

LOL. No black person is poor at this moment in time because of laws in place more than half a century ago. If you think the average white person is benefiting from some kind of generational wealth, you need to get out more.

Inhabitants of the DC provincial bubble do need to get out more, but good luck telling them.

Gosh. If only this had ever been studied?

https://budgetmodel.wharton.upenn.edu/issues/2021/12/17/inheritances-by-race#:~:text=Across%20all%20age%20groups%2C%20White,average%2C%20differs%20slightly%20by%20race.

Oh. Wait.

"Across all age groups, White households on average inherit about $15,000, about five times more than Black families and over six times more than Hispanic families"

In other words, it's Hispanics who could be whining...but instead they are working hard and getting ahead. Same as any minority group or person who wants.

Don't be so openly racist.

In other words, all of the yammering you and your buddies do about how Black people have no disadvantages against poor White people is, on average, $12,000 wrong.

That’s the difference between having a car payment and a paid off car. Or a paid for Associates vs a student loan. In other words, life changing money for many.

(DP) That survey also says that the probability of receiving an inheritance at all for all people is between 2.4 and 11%, so this seems to be a lot of focus on a very small number of people who might actually receive an inheritance. It really should not be generalized to the full electorate. Also, if the 5% of wealthiest people were eliminated from the survey, or even just the 1%, the averages would be very different.

It never ends though. A property in a predominantly white community is more valuable than an identical property in a predominantly black community. That is true anywhere in America. The schools aren’t equal. The black homeowner in a black neighborhood probably has a lower credit rating and higher interest rate. The white-owned house in the white-neighborhood with the majority white school appreciates rapidly in value. The black-owned house in the black neighborhood with the majority black school may not appreciate at all.

Now you’re just making stuff up to serve your own bias.

If property in a white community is more valuable than a predominantly black community then why is real estate in NE DC more expensive than most places in west virginia? A white working class family in Hagerstown, MD would see zero real estate appreciation while a black family in Shaw could sell for hundreds of thousands more than 20 years ago.

Sigh. You’re not thinking about this objectively because you’re so busy trying to feel like you’re a victim.

Yes, some black neighborhoods have appreciated more than some white ones.

However, black families were explicitly denied the right to buy houses in the kind of neighborhoods which have seen the largest (not large, largest) growth in prices. What do you think the impact of those laws were?

And, when they were forced by those laws into housing purchases in areas which have absolutely not appreciated, what impact do you think that has had on the ability to amass generational wealth?

Most immigrants arrive without any generational wealth and do well in just 1-2 generations.

There are much more important factors at play than whatever happened 3-4-5 generations ago.

I’m a white millennial. My father attended segregated elementary schools. That’s *one* generation.

My father is a fairly young boomer. Redlining was only legally outlawed (still took place in practice by federally outlawed) in 1968. This isn’t ancient history.

You may think there are more important factors at play but to deny the existence of a factor is willful ignorance.

It's fascinating how white millennials know everything about black & minority life. Must be genetic.

Weird how I only spoke about my dad’s (another white person) experience and information easily available in the public record.

I truly don’t understand the drive to pretend all this never happened or happened so long ago it doesn’t matter— especially disingenuous from older people.

[Anonymous]

This reporter on YouTube did an excellent show on Appalachia.

Here is another one he did on how that region became addicted to drugs:

This to me sums up how the people feel they're are two groups, which have nothing to do with race. There's the group of people who work really hard earning very little, and then there's a group of people who are lazy and take handouts.

I grew up in a blue collar mostly white region of the Midwest. We felt the same way. Because what you're seeing on the ground, is that person with a grocery cart filled with junk who pays with food stamps, while you're mother is saving up greenstamps to trade in for some glasses and pitcher. Do any of you from the DC region remember greenstamps? I guess those were one step above food stamps. Or they were the world's first reward point system.

[Anonymous]

Anonymous wrote:This reporter on YouTube did an excellent show on Appalachia.

Here is another one he did on how that region became addicted to drugs:

This to me sums up how the people feel they're are two groups, which have nothing to do with race. There's the group of people who work really hard earning very little, and then there's a group of people who are lazy and take handouts.

I grew up in a blue collar mostly white region of the Midwest. We felt the same way. Because what you're seeing on the ground, is that person with a grocery cart filled with junk who pays with food stamps, while you're mother is saving up greenstamps to trade in for some glasses and pitcher. Do any of you from the DC region remember greenstamps? I guess those were one step above food stamps. Or they were the world's first reward point system.

They had greenstamps all over the country and they were a reward type program.
Nothing like food stamps at all.

[Anonymous]

Anonymous wrote:This reporter on YouTube did an excellent show on Appalachia.

Here is another one he did on how that region became addicted to drugs:

This to me sums up how the people feel they're are two groups, which have nothing to do with race. There's the group of people who work really hard earning very little, and then there's a group of people who are lazy and take handouts.

I grew up in a blue collar mostly white region of the Midwest. We felt the same way. Because what you're seeing on the ground, is that person with a grocery cart filled with junk who pays with food stamps, while you're mother is saving up greenstamps to trade in for some glasses and pitcher. Do any of you from the DC region remember greenstamps? I guess those were one step above food stamps. Or they were the world's first reward point system.

It's weird how the MAGA set always points to food stamp recipients being some stereotype of being an inner-city black baby mama with 7 kids from 7 fathers who has never worked a day in her life, living large on steak and shrimp in a free apartment with a big screen TV. The reality is that the overwhelming majority of food stamp recipients are rural whites, who overwhelmingly vote MAGA.

But regarding greenstamps that wasn't a government program, that was a store-based reward for consumerism. The more products you buy, the more greenstamps you get.