Zone1 OK "Experts" How Do We Solve Racial Inequality Without Considering Race?

[IM2]

If a person is an alcoholic, you don't cure their disease without considering the existence of alcohol. The same goes for any problem. Crime has not been reduced by telling people that if they just stop talking about crime it will go away. But when it comes to race we get all kinds of opinions by people who benefit from racism continuing, telling blacks how to solve the problem. I'm sure you guys would take advice from the taliban on how to stop terrorism or Vladimir Putin on Democracy. But hey,, I'll play.

The racial wealth gap is the largest of the economic disparities between Black and white Americans, with a white-to-Black per capita wealth ratio of 6 to 1. It is also among the most persistent. In this paper, we construct the first continuous series on white-to-Black per capita wealth ratios from 1860 to 2020, drawing on historical census data, early state tax records, and historical waves of the Survey of Consumer Finances, among other sources. Incorporating these data into a parsimonious model of wealth accumulation for each racial group, we document the role played by initial conditions, income growth, savings behavior, and capital returns in the evolution of the gap. Given vastly different starting conditions under slavery, racial wealth convergence would remain a distant scenario, even if wealth-accumulating conditions had been equal across the two groups since Emancipation. Relative to this equal-conditions benchmark, we find that observed convergence has followed an even slower path over the last 150 years, with convergence stalling after 1950. Since the 1980s, the wealth gap has widened again as capital gains have predominantly benefited white households, and income convergence has stopped.

Dropbox - Error - Simplify your life

www.dropbox.com

The State of U.S. Household Wealth

An analysis examines quarterly data on the distribution of average household wealth in the U.S. by generation, education and race.

www.stlouisfed.org

Wealth Inequality and the Racial Wealth Gap

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

Every indicator shows that the inequality that exists today is tied to past policies that excluded blacks based on race. So to alll our "experts" on being black in America, how do you solve inequality created because of race by ignoring race?

 

[1srelluc]

I don't care about you or your faux "inequality plight".

Of the 87 things I might concern myself over the course of a day blacks aren't one of them.....Unless I'm around some nuffins, then I keep my strong hand free in case they get sporty.

 

[Mac-7]

If a person is an alcoholic, you don't cure their disease without considering the existence of alcohol. The same goes for any problem. Crime has not been reduced by telling people that if they just stop talking about crime it will go away. But when it comes to race we get all kinds of opinions by people who benefit from racism continuing, telling blacks how to solve the problem. I'm sure you guys would take advice from the taliban on how to stop terrorism or Vladimir Putin on Democracy. But hey,, I'll play.

The racial wealth gap is the largest of the economic disparities between Black and white Americans, with a white-to-Black per capita wealth ratio of 6 to 1. It is also among the most persistent. In this paper, we construct the first continuous series on white-to-Black per capita wealth ratios from 1860 to 2020, drawing on historical census data, early state tax records, and historical waves of the Survey of Consumer Finances, among other sources. Incorporating these data into a parsimonious model of wealth accumulation for each racial group, we document the role played by initial conditions, income growth, savings behavior, and capital returns in the evolution of the gap. Given vastly different starting conditions under slavery, racial wealth convergence would remain a distant scenario, even if wealth-accumulating conditions had been equal across the two groups since Emancipation. Relative to this equal-conditions benchmark, we find that observed convergence has followed an even slower path over the last 150 years, with convergence stalling after 1950. Since the 1980s, the wealth gap has widened again as capital gains have predominantly benefited white households, and income convergence has stopped.

Dropbox - Error - Simplify your life

www.dropbox.com

The State of U.S. Household Wealth

An analysis examines quarterly data on the distribution of average household wealth in the U.S. by generation, education and race.

www.stlouisfed.org

Wealth Inequality and the Racial Wealth Gap

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

Every indicator shows that the inequality that exists today is tied to past policies that excluded blacks based on race. So to alll our "experts" on being black in America, how do you solve inequality created because of race by ignoring race?

how do you solve inequality created because of race by ignoring race?

“We” dont

Black people themselves have wake up and stop acting like damn fools

Stop making fatherless babies, stay off drugs, get a good education, kick the drug habit and prove they are the equals of whites snd asians

 

[dblack]

If a person is an alcoholic, you don't cure their disease without considering the existence of alcohol. The same goes for any problem. Crime has not been reduced by telling people that if they just stop talking about crime it will go away. But when it comes to race we get all kinds of opinions by people who benefit from racism continuing, telling blacks how to solve the problem. I'm sure you guys would take advice from the taliban on how to stop terrorism or Vladimir Putin on Democracy. But hey,, I'll play.

The racial wealth gap is the largest of the economic disparities between Black and white Americans, with a white-to-Black per capita wealth ratio of 6 to 1. It is also among the most persistent. In this paper, we construct the first continuous series on white-to-Black per capita wealth ratios from 1860 to 2020, drawing on historical census data, early state tax records, and historical waves of the Survey of Consumer Finances, among other sources. Incorporating these data into a parsimonious model of wealth accumulation for each racial group, we document the role played by initial conditions, income growth, savings behavior, and capital returns in the evolution of the gap. Given vastly different starting conditions under slavery, racial wealth convergence would remain a distant scenario, even if wealth-accumulating conditions had been equal across the two groups since Emancipation. Relative to this equal-conditions benchmark, we find that observed convergence has followed an even slower path over the last 150 years, with convergence stalling after 1950. Since the 1980s, the wealth gap has widened again as capital gains have predominantly benefited white households, and income convergence has stopped.

Dropbox - Error - Simplify your life

www.dropbox.com

The State of U.S. Household Wealth

An analysis examines quarterly data on the distribution of average household wealth in the U.S. by generation, education and race.

www.stlouisfed.org

Wealth Inequality and the Racial Wealth Gap

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

Every indicator shows that the inequality that exists today is tied to past policies that excluded blacks based on race. So to alll our "experts" on being black in America, how do you solve inequality created because of race by ignoring race?

We stop trying to solve "inequality". We accept that everyone in the world gets as a different deal, and work with it.

We should fight, more vigorously than ever, for equal rights. We should ensure everyone is treated the same by the government, regardless of classification (race, gender, age, etc ...). But we should give up the idea that the government should promote, ensure, or supplement outcomes to achieve someone's idea of "equity".

 

[Muhammed]

But when it comes to race we get all kinds of opinions by people who benefit from racism

Who do you believe benefits from racism?

 

[CrusaderFrank]

If a person is an alcoholic, you don't cure their disease without considering the existence of alcohol. The same goes for any problem. Crime has not been reduced by telling people that if they just stop talking about crime it will go away. But when it comes to race we get all kinds of opinions by people who benefit from racism continuing, telling blacks how to solve the problem. I'm sure you guys would take advice from the taliban on how to stop terrorism or Vladimir Putin on Democracy. But hey,, I'll play.

The racial wealth gap is the largest of the economic disparities between Black and white Americans, with a white-to-Black per capita wealth ratio of 6 to 1. It is also among the most persistent. In this paper, we construct the first continuous series on white-to-Black per capita wealth ratios from 1860 to 2020, drawing on historical census data, early state tax records, and historical waves of the Survey of Consumer Finances, among other sources. Incorporating these data into a parsimonious model of wealth accumulation for each racial group, we document the role played by initial conditions, income growth, savings behavior, and capital returns in the evolution of the gap. Given vastly different starting conditions under slavery, racial wealth convergence would remain a distant scenario, even if wealth-accumulating conditions had been equal across the two groups since Emancipation. Relative to this equal-conditions benchmark, we find that observed convergence has followed an even slower path over the last 150 years, with convergence stalling after 1950. Since the 1980s, the wealth gap has widened again as capital gains have predominantly benefited white households, and income convergence has stopped.

Dropbox - Error - Simplify your life

www.dropbox.com

The State of U.S. Household Wealth

An analysis examines quarterly data on the distribution of average household wealth in the U.S. by generation, education and race.

www.stlouisfed.org

Wealth Inequality and the Racial Wealth Gap

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

Every indicator shows that the inequality that exists today is tied to past policies that excluded blacks based on race. So to alll our "experts" on being black in America, how do you solve inequality created because of race by ignoring race?

Maybe teach math and reading?

 

[DGS49]

"Inequality" is not a problem. It is an observation and a normal state of affairs. Increasing inequality is also entirely normal.

When it comes to racial inequality, the causes are obvious and solvable over time. But POC's focus on minor, marginal causes (racial discrimination) and ignore the so-called "elephant in the room." Or in this case, the elephants. Every negative trait in society is measurably correlated to bastardy...unemployment, petty crime and serious crime, substance abuse, school failure, you name it. And bastardy is NOT the result of racial discrimination.

Second, for whatever reason, the measured average IQ of African Americans (and Hispanic Americans) is a full standard deviation below the mean for everyone else (i.e., 85 vs. 100). Again, this has nothing to do with racism.

Until these two factors are addressed, one quickly and one over the longer term, racial inequality will continue trending in the wrong direction. Luckily, both can be addressed through voluntary action and racial prejudice cannot stand in the way of progress.

Recent history does not lead to optimism. The harmful effects of single-mother parents have been known for generations, and yet the numbers never seem to get any better. Where [the ****] is the Reverend Al on this?

 

[IM2]

We stop trying to solve "inequality". We accept that everyone in the world gets as a different deal, and work with it.

We should fight, more vigorously than ever, for equal rights. We should ensure everyone is treated the same by the government, regardless of classification (race, gender, age, etc ...). But we should give up the idea that the government should promote, ensure, or supplement outcomes to achieve someone's idea of "equity".

Not the answer. We don't accept your idea because the racial inequality was created by purposeful exclusion including laws written to do so. The government insured an outcome for whites and so your idea as presented, which avoids discussion of this reality, is without merit.

 

[IM2]

Who do you believe benefits from racism?

Whites have.

 

[IM2]

Maybe teach math and reading?

No, that's not the cause of racial inequality.

 

[CrusaderFrank]

No, that's not the cause of racial inequality.

Really? Democrats teaching minorities that math and reading are racist benefits minorities???

 

[IM2]

"Inequality" is not a problem. It is an observation and a normal state of affairs. Increasing inequality is also entirely normal.

When it comes to racial inequality, the causes are obvious and solvable over time. But POC's focus on minor, marginal causes (racial discrimination) and ignore the so-called "elephant in the room." Or in this case, the elephants. Every negative trait in society is measurably correlated to bastardy...unemployment, petty crime and serious crime, substance abuse, school failure, you name it. And bastardy is NOT the result of racial discrimination.

Second, for whatever reason, the measured average IQ of African Americans (and Hispanic Americans) is a full standard deviation below the mean for everyone else (i.e., 85 vs. 100). Again, this has nothing to do with racism.

Until these two factors are addressed, one quickly and one over the longer term, racial inequality will continue trending in the wrong direction. Luckily, both can be addressed through voluntary action and racial prejudice cannot stand in the way of progress.

Recent history does not lead to optimism. The harmful effects of single-mother parents have been known for generations, and yet the numbers never seem to get any better. Where [the ****] is the Reverend Al on this?

Racial discrimination is not a minor or marginal cause. The rest of your post is worthless..

“In 1965, Senator Daniel Patrick Moynihan’s report, The Negro Family: The Case for National Action, attributed racial inequality as well as poverty and crime in the black community to family structure, particularly the prevalence of families headed by single mothers. Not only did research at the time cast doubt on this causality, but evidence over the last the 50 years demonstrates that rates of child poverty, educational attainment, and crime do not track rates of single parenthood. Thus, even though the share of children living with a single mother rose for all racial and ethnic groups through the mid-1990s and has remained high since then, school completion and youth arrests for violent crimes have declined significantly, while poverty rates have fluctuated according to economic conditions. Family structure does not drive racial inequity, and racial inequity persists regardless of family structure.”

“The median white single parent has 2.2 times more wealth than the median black two-parent household and 1.9 times more wealth than the median Latino two-parent household.”

The Asset Value of Whiteness: Understanding the Racial Wealth Gap | Demos

No metric more powerfully captures the persistence and growth of economic inequality along racial and ethnic lines than the racial wealth gap.

www.demos.org

 

[IM2]

Really? Democrats teaching minorities that math and reading are racist benefits minorities???

That's not being taught and don't post that disingenuous article. Meanwhile Republicans are teaching that slavery was a good thing.

 

[IM2]

OK folks, you're going to have to do better than the standard silly seaon responses I see here.

 

[CrusaderFrank]

That's not being taught and don't post that disingenuous article. Meanwhile Republicans are teaching that slavery was a good thing.

^ Race traitor

 

[IM2]

^ Race traitor

The next off topic post from you will be reported.

 

[MarcATL]

Well said OP. Very well said.

 

[BS Filter]

There is no racial inequality in America.

 

[CrusaderFrank]

Pre-Obama: reading is fundamental

Post-Obama: reading is racist

 

[IM2]

There is no racial inequality in America.

That's a lie.