Reply to It's (finally) time for reparations. It's time for the US to pay its debt.

Forum Index » Political Discussion

Reply to "It's (finally) time for reparations. It's time for the US to pay its debt. "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote]Fact: There is a wealth gap in the US, caused by US policies.[/quote]

Fact: There is always going to be a wealth gap.  Do you think there is not a wealth gap in Venezuela? A socialist country.  Problem is, there are a lot more poor people struggling for food there than there are here.

There is also more opportunity here.  And, there is more mobility.
[/quote]

Did you even read the OP? A wealth gap between white people and black people.

[i]The white household living near the poverty line typically has about $18,000 in wealth, while black households in similar economic straits typically have a median wealth near zero.

At the other end of America’s economic spectrum, black households constitute less than 2 percent of those in the top one percent of the nation’s wealth distribution; white households constitute more than 96 percent of the wealthiest Americans. Moreover, even among the nation’s wealthiest households, extreme differences persist on the basis of race:
The 99th percentile black family is worth a mere $1,574,000 while the 99th percentile white family is worth over 12 million dollars. This means over 870,000 white families have a net worth above 12 million dollars, while, out of the 20 million black families in America, fewer than 380,000 are even worth a single million dollars. By comparison, over 13 million of the total 85 million white families are millionaires or better.

[b]Blacks, while constituting just under thirteen percent of the nation’s population, collectively own less than three percent of the nation’s total wealth[/b].[/i]

https://socialequity.duke.edu/wp-content/uploads/2019/10/what-we-get-wrong.pdf[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics