Anonymous
Post 09/09/2014 17:49     Subject: Re:Net Worth Disparity among whites and blacks/hispanics

Your timeline is wrong. The Moynihan report, which highlighted the troubling trend in single parent black families, predates the great society programs.


You do know that welfare predated the Great Society?
Anonymous
Post 09/09/2014 17:45     Subject: Re:Net Worth Disparity among whites and blacks/hispanics

Anonymous wrote:

Wealth is highly dependent for most people on intergenerational transfer.


You really believe that? Really? All white people have inheritances? Really? Wish somebody had told that to my grandparents.






No one is speaking in absolutes on either side,
Anonymous
Post 09/09/2014 17:43     Subject: Net Worth Disparity among whites and blacks/hispanics

Anonymous wrote:The single biggest predictor of poverty is being born to a single parent household. Check out the historical facts. The destruction of the AA family coincided with the boom of social services. Prior to then, there were more enact AA families than Caucasian families.


Your timeline is wrong. The Moynihan report, which highlighted the troubling trend in single parent black families, predates the great society programs.
Anonymous
Post 09/09/2014 17:22     Subject: Net Worth Disparity among whites and blacks/hispanics

The single biggest predictor of poverty is being born to a single parent household. Check out the historical facts. The destruction of the AA family coincided with the boom of social services. Prior to then, there were more enact AA families than Caucasian families.
Anonymous
Post 09/09/2014 17:19     Subject: Net Worth Disparity among whites and blacks/hispanics

Asians
Anonymous
Post 09/09/2014 17:19     Subject: Re:Net Worth Disparity among whites and blacks/hispanics

Might be true of Anderson Cooper--he's a Vanderbilt. True of the Kennedys and the Rockefellers--but certainly not most people.
Anonymous
Post 09/09/2014 17:18     Subject: Re:Net Worth Disparity among whites and blacks/hispanics

Anonymous wrote:

Wealth is highly dependent for most people on intergenerational transfer.


You really believe that? Really? All white people have inheritances? Really? Wish somebody had told that to my grandparents.






Wish that had applied to me. First generation to go to college and now part of 1% and supporting two sets of parents.
Anonymous
Post 09/09/2014 17:14     Subject: Re:Net Worth Disparity among whites and blacks/hispanics


Wealth is highly dependent for most people on intergenerational transfer.


You really believe that? Really? All white people have inheritances? Really? Wish somebody had told that to my grandparents.




Anonymous
Post 09/09/2014 16:59     Subject: Re:Net Worth Disparity among whites and blacks/hispanics

Anonymous wrote:generational wealth transfer


this.

For instance, asian americans might have higher median incomes than whites, but not median wealth.

Wealth is highly dependent for most people on intergenerational transfer.
Anonymous
Post 09/09/2014 16:05     Subject: Re:Net Worth Disparity among whites and blacks/hispanics

generational wealth transfer
Anonymous
Post 09/09/2014 16:03     Subject: Net Worth Disparity among whites and blacks/hispanics

White Privilege
Anonymous
Post 09/09/2014 16:02     Subject: Re:Net Worth Disparity among whites and blacks/hispanics

Culture
Anonymous
Post 09/09/2014 16:01     Subject: Net Worth Disparity among whites and blacks/hispanics

Slavery.
Anonymous
Post 09/09/2014 15:49     Subject: Re:Net Worth Disparity among whites and blacks/hispanics

Anonymous
Post 09/09/2014 15:35     Subject: Net Worth Disparity among whites and blacks/hispanics

What is/are the root causes of this?