Whites here who are racists really need to fall back and analyze what has really gone on. Drop the tall tale of white supremacy and face reality.
“When you spend your dollar out of the community in which you live the community in which you spend your dollar becomes richer and richer; the community out of which you take your money becomes poorer and poorer.” -Malcolm X
“Since the beginning of the 1980s, employment relations in U.S.Industries corporations have undergone three major structural changes—which I summarize as rationalization, marketization, and globalization—that have permanently eliminated middle-class jobs. From the early 1980s, rationalization, characterized by plant closings, eliminated the jobs of unionized blue-collar workers. From the early 1990s, marketization, characterized by the end of a career with one company as an employment norm, placed the job security of middle-aged and older white-collar workers in jeopardy. From the early 2000s, globalization, characterized by the movement of employment offshore, left all members of the U.S. labor force, even those with advanced educational credentials and substantial work experience, vulnerable to displacement.”
The quote was from a paper titled “The Financialization of the U.S. Corporation: What Has Been Lost, and How It Can Be Regained,” by William Lazonick. In this paper, he describes the forces that created the changes in American business that are the causes for the current weakened state of the American worker.
Since 1980, American businesses have needlessly sent jobs out o fthis country. Everybody’s hero, Reagan, implemented a government business philosophy of laissez-faire economics that has cost the workers of this nation millions of jobs. “Unqualified” blacks, Asians, illegal immigrants from the southern border, or whoever else was blamed had nothing to do with taking jobs from the white working class. CEOS and corporate owners sent those jobs away. Their pockets got fat while race baiting white working-class citizens into a victim mentality.
And that is you guys.
“The persistent racial wealth gap in the United States is a burden on black Americans as well as the overall economy.”
- “The Economic Impact of Closing the Racial Wealth Gap.”- McKinsey and Company
In 2011, DEMOS did a study named “The Racial Wealth Gap, Why Policy Matters,” which discussed the racial wealth gap, its problems, and solutions and outcomes if the gap did not exist. DEMOS determined that policy decisions primarily drove the racial wealth gap in this study.
“The U.S. racial wealth gap is substantial and is driven by public policy decisions. According to our analysis of the SIPP data, in 2011 the median white household had $111,146in wealth holdings, compared to just $7,113 for the median Black household and $8,348 for the median Latino household. From the continuing impact of redlining on American homeownership to the retreat from desegregation in public education, public policy has shaped these disparities, leaving them impossible to overcome without racially aware policy change.”
On October 24, 2013, the Kellogg Foundation and Altarum Institute sent out a press release about a report they had done titled, “The Business Case for Racial Equity.” This was a study done by both organizations, using information studied and assessed from the Center for American Progress, National Urban League Policy Institute, Joint Center for Political and Economic Studies, and the U.S. Department of Justice.
“Striving for racial equity – a world where race is no longer a factor in the distribution of opportunity – is a matter of social justice. But moving toward racial equity can generate significant economic returns as well. When people face barriers to achieving their full potential, the loss of talent, creativity, energy, and productivity is a burden not only for those disadvantaged, but for communities, businesses, governments, and the economy as a whole. Initial research on the magnitude of this burden in the United States (U.S.), as highlighted in this brief, reveals impacts in the trillions of dollars in lost earnings, avoidable public expenditures, and lost economic output.”
“It will end up costing the U.S. economy as much as $1 trillion between now and 2028 for the nation to maintain its longstanding black-white racial wealth gap." That will be roughly 4 percent of the United States GDP in 2028—just the conservative view, assuming that the wealth growth rates of African Americans will outpace white wealth growth at its current clip of 3 percent to .8 percent annually.
If the gap widens, however, with white wealth growing at a faster rate than black wealth instead, it could end up costing the U.S. $1.5 trillion or 6 percent of GDP."
McKinsey & Company
White racism in America has created an inefficient system that wastes valuable human resources. Our government is in debt and runs deficits and it's not just because of spending, it's due to racism. White racism has affected equal pay and employment. If white racism is eliminated you end up with fewer people on public assistance because they are gainfully employed and paid equal wages.
Historically, there has only been one group in America whose median income has exceeded the national average and whose unemployment and poverty levels have been lower than the national average -whites. I left out Asians because the stats on Asians shows a huge disparity that make the claims about Asian income and unemployment disingenuous, that would be the income and employment of Indians as opposed to other Asian groups.
So the questions is:
Would a less white America be a cleaner, safer, less dependent, more prosperous, more unified America?
According to the facts I have presented....