Rich Men North of Richmond

Anonymous
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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.


Then how is it that Chinese immigrants who arrive poor, know zilch about American culture and don't speak English well manage to academically outperform not only blacks, but whites as well, and are able to do well with business and secure many well-paying jobs in our society?

Language is not a common denominator. Nor is American culture. But specific aspects of culture, such as studying, working hard and taking responsibility for your own outcomes provide much bigger advantages than merely being white and speaking English do.
Anonymous
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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.


Then how is it that Chinese immigrants who arrive poor, know zilch about American culture and don't speak English well manage to academically outperform not only blacks, but whites as well, and are able to do well with business and secure many well-paying jobs in our society?

Language is not a common denominator. Nor is American culture. But specific aspects of culture, such as studying, working hard and taking responsibility for your own outcomes provide much bigger advantages than merely being white and speaking English do.


Because most Chinese immigrants don’t arrive poor. They have enough funds to purchase plane tickets, attend visa interviews, etc. They tend to arrive in the United States with a secondary and post secondary education. Mainland Chinese “poor” never ever make it to the United States.

Glad to help with that huge mystery!

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.


There has been tremendous change. Blacks haven't been slaves for 150 years. Blacks haven't been subjected to laws denying them equal opportunity for 50 years. There are many black families that recognized this and took advantage of every new opportunity handed to them and became part of the middle class and upper class. Similarly, black immigrants are able to take full advantage of every opportunity in our country and rapidly become part of the middle and upper class. But others are still mired in the past, held back by imaginary barriers that do not exist for other blacks, continually blaming history and everyone else rather than living in the present and seizing the opportunities and making a better life for themselves.

The exact same happens with whites, whether in Appalachia, the rust belt and so on. Some saw the writing on the wall, the big coal mine closing, the steel mill closing, hundreds of jobs lost, so they picked up and found a new opportunity. But others stayed and became mired in the past, thinking that rather than them keeping up with changes in the world, somehow the world needs to slow down and change back to the way it was for them. It just doesn't work that way.

And, these disaffected communities consider themselves to be fighters but the sad part is that they picked the wrong fight, the right fight was to keep up and stay relevant rather than fighting change and expecting the arc of the universe to bend around them. So now all they have left is to lash out in their own self-defeating and self-destructive ways.
Anonymous
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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.


Then how is it that Chinese immigrants who arrive poor, know zilch about American culture and don't speak English well manage to academically outperform not only blacks, but whites as well, and are able to do well with business and secure many well-paying jobs in our society?

Language is not a common denominator. Nor is American culture. But specific aspects of culture, such as studying, working hard and taking responsibility for your own outcomes provide much bigger advantages than merely being white and speaking English do.


Because most Chinese immigrants don’t arrive poor. They have enough funds to purchase plane tickets, attend visa interviews, etc. They tend to arrive in the United States with a secondary and post secondary education. Mainland Chinese “poor” never ever make it to the United States.

Glad to help with that huge mystery!



Ah yes, everyone but you was secretly handed hundreds of thousands of dollars.
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:
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.


Then how is it that Chinese immigrants who arrive poor, know zilch about American culture and don't speak English well manage to academically outperform not only blacks, but whites as well, and are able to do well with business and secure many well-paying jobs in our society?

Language is not a common denominator. Nor is American culture. But specific aspects of culture, such as studying, working hard and taking responsibility for your own outcomes provide much bigger advantages than merely being white and speaking English do.


There are not many recent Asian immigrants who were poor there and arrive poor here. I know a bunch who came as grad students, PhDs, and other professionals who are middle-class, educated, and benefited from networks that helped them navigate the US immigration system. None of them live in the Mississippi Delta or other Great American segregated poverty trap. Asians go straight to cities with large immigrant communities, where they aren’t shunned by their neighbors. If they want, they can buy a house and send their kids to neighborhood public school or private schools without their white neighbors selling their houses and moving to the exurbs or storming the school board to make sure no Asian history is taught and no Asian teachers are hired.
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:
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.


Then how is it that Chinese immigrants who arrive poor, know zilch about American culture and don't speak English well manage to academically outperform not only blacks, but whites as well, and are able to do well with business and secure many well-paying jobs in our society?

Language is not a common denominator. Nor is American culture. But specific aspects of culture, such as studying, working hard and taking responsibility for your own outcomes provide much bigger advantages than merely being white and speaking English do.


Because most Chinese immigrants don’t arrive poor. They have enough funds to purchase plane tickets, attend visa interviews, etc. They tend to arrive in the United States with a secondary and post secondary education. Mainland Chinese “poor” never ever make it to the United States.

Glad to help with that huge mystery!



Ah yes, everyone but you was secretly handed hundreds of thousands of dollars.


PP above is quite crazy. He must know nothing about anti-Chinese discrimination for a century if not longer. Or the "Japs" being stolen of everything and sent to concentration camps by "hero" FDR.
Anonymous
Anonymous wrote:OK - it turns out that this "Oliver Anthony" is completely a fraud. . .


Explain plz
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:
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.


Then how is it that Chinese immigrants who arrive poor, know zilch about American culture and don't speak English well manage to academically outperform not only blacks, but whites as well, and are able to do well with business and secure many well-paying jobs in our society?

Language is not a common denominator. Nor is American culture. But specific aspects of culture, such as studying, working hard and taking responsibility for your own outcomes provide much bigger advantages than merely being white and speaking English do.


Because most Chinese immigrants don’t arrive poor. They have enough funds to purchase plane tickets, attend visa interviews, etc. They tend to arrive in the United States with a secondary and post secondary education. Mainland Chinese “poor” never ever make it to the United States.

Glad to help with that huge mystery!



Ah yes, everyone but you was secretly handed hundreds of thousands of dollars.


PP above is quite crazy. He must know nothing about anti-Chinese discrimination for a century if not longer. Or the "Japs" being stolen of everything and sent to concentration camps by "hero" FDR.


And paid reparations. Don’t forget the reparations.
Anonymous
Anonymous wrote:
Anonymous wrote:OK - it turns out that this "Oliver Anthony" is completely a fraud. . .


Explain plz


You won't hear back from pp.
What she said is false. There is at least one poster here who likes to make false claims like this without explanation then miraculously disappears and never responds with an explanation.

Some people call this a "troll." I call them a liar.
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:
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.


Then how is it that Chinese immigrants who arrive poor, know zilch about American culture and don't speak English well manage to academically outperform not only blacks, but whites as well, and are able to do well with business and secure many well-paying jobs in our society?

Language is not a common denominator. Nor is American culture. But specific aspects of culture, such as studying, working hard and taking responsibility for your own outcomes provide much bigger advantages than merely being white and speaking English do.


Because most Chinese immigrants don’t arrive poor. They have enough funds to purchase plane tickets, attend visa interviews, etc. They tend to arrive in the United States with a secondary and post secondary education. Mainland Chinese “poor” never ever make it to the United States.

Glad to help with that huge mystery!



Ah yes, everyone but you was secretly handed hundreds of thousands of dollars.


Nope. I was handed literally hundreds of thousands of dollars which is what it’s called when your parents fully fund your college and graduate work.

That gift seems to have enabled me to understand the basic economics that surround preventing people from accessing resources available to others for centuries.
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:
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.


Then how is it that Chinese immigrants who arrive poor, know zilch about American culture and don't speak English well manage to academically outperform not only blacks, but whites as well, and are able to do well with business and secure many well-paying jobs in our society?

Language is not a common denominator. Nor is American culture. But specific aspects of culture, such as studying, working hard and taking responsibility for your own outcomes provide much bigger advantages than merely being white and speaking English do.


Because most Chinese immigrants don’t arrive poor. They have enough funds to purchase plane tickets, attend visa interviews, etc. They tend to arrive in the United States with a secondary and post secondary education. Mainland Chinese “poor” never ever make it to the United States.

Glad to help with that huge mystery!



Ah yes, everyone but you was secretly handed hundreds of thousands of dollars.


Nope. I was handed literally hundreds of thousands of dollars which is what it’s called when your parents fully fund your college and graduate work.

That gift seems to have enabled me to understand the basic economics that surround preventing people from accessing resources available to others for centuries.


Black or white or purple, you were born into wealth.

Same as some black people, and unlike many white 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:
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.


Then how is it that Chinese immigrants who arrive poor, know zilch about American culture and don't speak English well manage to academically outperform not only blacks, but whites as well, and are able to do well with business and secure many well-paying jobs in our society?

Language is not a common denominator. Nor is American culture. But specific aspects of culture, such as studying, working hard and taking responsibility for your own outcomes provide much bigger advantages than merely being white and speaking English do.


Because most Chinese immigrants don’t arrive poor. They have enough funds to purchase plane tickets, attend visa interviews, etc. They tend to arrive in the United States with a secondary and post secondary education. Mainland Chinese “poor” never ever make it to the United States.

Glad to help with that huge mystery!



Ah yes, everyone but you was secretly handed hundreds of thousands of dollars.


Nope. I was handed literally hundreds of thousands of dollars which is what it’s called when your parents fully fund your college and graduate work.

That gift seems to have enabled me to understand the basic economics that surround preventing people from accessing resources available to others for centuries.


Black or white or purple, you were born into wealth.

Same as some black people, and unlike many white people.


Unlike many people, full stop, but a higher proportion of white people, due to the deliberate action of the U.S government well into the lifetime of my parents.
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.


There has been tremendous change. Blacks haven't been slaves for 150 years. Blacks haven't been subjected to laws denying them equal opportunity for 50 years. There are many black families that recognized this and took advantage of every new opportunity handed to them and became part of the middle class and upper class. Similarly, black immigrants are able to take full advantage of every opportunity in our country and rapidly become part of the middle and upper class. But others are still mired in the past, held back by imaginary barriers that do not exist for other blacks, continually blaming history and everyone else rather than living in the present and seizing the opportunities and making a better life for themselves.

The exact same happens with whites, whether in Appalachia, the rust belt and so on. Some saw the writing on the wall, the big coal mine closing, the steel mill closing, hundreds of jobs lost, so they picked up and found a new opportunity. But others stayed and became mired in the past, thinking that rather than them keeping up with changes in the world, somehow the world needs to slow down and change back to the way it was for them. It just doesn't work that way.

And, these disaffected communities consider themselves to be fighters but the sad part is that they picked the wrong fight, the right fight was to keep up and stay relevant rather than fighting change and expecting the arc of the universe to bend around them. So now all they have left is to lash out in their own self-defeating and self-destructive ways.


You think 50 years (in reality say 30-40 since it took a good 10-20 years for the intense racism and racist practices such as redlining to die down somewhat) is enough to overcome the several centuries of abject oppression? You think all those racists just disappeared with the passing of Civil Rights legislation, all those racists who wielded power in some way in terms of hiring and selling houses and on admissions committees just overnight decided to put their prejudices and bigotry behind and it was some kind of Ground Zero where everyone was equal and judged only by the content of their character? And that suddenly all Black students had schools that were equal in quality and infrastructure to the schools in majority white areas? And suddenly the poverty rate for blacks and whites was equalized? For real??
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:
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.


Then how is it that Chinese immigrants who arrive poor, know zilch about American culture and don't speak English well manage to academically outperform not only blacks, but whites as well, and are able to do well with business and secure many well-paying jobs in our society?

Language is not a common denominator. Nor is American culture. But specific aspects of culture, such as studying, working hard and taking responsibility for your own outcomes provide much bigger advantages than merely being white and speaking English do.


Because most Chinese immigrants don’t arrive poor. They have enough funds to purchase plane tickets, attend visa interviews, etc. They tend to arrive in the United States with a secondary and post secondary education. Mainland Chinese “poor” never ever make it to the United States.

Glad to help with that huge mystery!



Ah yes, everyone but you was secretly handed hundreds of thousands of dollars.


Nope. I was handed literally hundreds of thousands of dollars which is what it’s called when your parents fully fund your college and graduate work.

That gift seems to have enabled me to understand the basic economics that surround preventing people from accessing resources available to others for centuries.


Black or white or purple, you were born into wealth.

Same as some black people, and unlike many white people.


And unlike most black Americans. You forgot to add that.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OK - it turns out that this "Oliver Anthony" is completely a fraud. . .


Explain plz


You won't hear back from pp.
What she said is false. There is at least one poster here who likes to make false claims like this without explanation then miraculously disappears and never responds with an explanation.

Some people call this a "troll." I call them a liar.


Grandma is savage.
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