Reply to "A Cheap, Race-Neutral Way to Close the Racial Wealth Gap..

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It's crap and has been debunked - Ezra Klein and Annie Lowrey are the neoliberal shill versions of Matt and LIz Bruenig.

[/quote]

Source, please? I'm actually curious.[/quote]

https://twitter.com/MaxGhenis/status/1277617205794926597?s=20

annie and ezra are wealthy and this colors their view time and time again instinctively compared to their millennial left wonk peers...even compared to people like Matt Yglesias.

matt and liz bruenig should be way more popular than ezra and annie. [/quote]

Thanks, this is interesting. The policy is to give $50K to all 18-year-olds, black and white, but to means test it by income or wealth when you're 18.

[quote]But if the goal is to converge overall mean black and white wealth over time, this sort of policy just is not going to get you anywhere close to there. Indeed, even these median young adults who have a brief convergence around the time they turn adults will themselves end up diverging again with differential incomes, differential savings, differential rates of return (especially on real estate), and differential inheritances — none of which have significantly kicked in yet at that age but which are the drivers of the continuation of the racial wealth gap.[/quote]

Sounds like fixing systemic problems would be as or more important.[/quote]

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