No it has nothing to do with that.
If it did, then how do you explain wealthy and successful blacks, that started off in poverty?
There are thousands of examples.
There are tens of millions of counter-examples.
Try considering facts for once instead of your personal life experiences or statistical anomalies.
In the real world of 2020 US African Americans have a 60% income ratio with white Americans and a 5% wealth ratio. This did not happen because most Blacks are lazy; it happened as a consequence of official government policies:
A 'Forgotten History' Of How The U.S. Government Segregated America
"On the FHA manual that explicitly laid out segregationist policies
"THE TWO-WAY
Interactive Redlining Map Zooms In On America's History Of Discrimination
"It was in something called the
Underwriting Manual of the Federal Housing Administration, which said that 'incompatible racial groups should not be permitted to live in the same communities.'
"Meaning that loans to African-Americans could not be insured.
"In one development ... in Detroit ... the FHA would not go ahead, during World War II, with this development unless the developer built a 6-foot-high wall, cement wall, separating his development from a nearby African-American neighborhood to make sure that no African-Americans could even walk into that neighborhood."
There are tens of millions of counter-examples.
But see, this is the problem... if there are thousands of examples, or even just dozens.... Then the counter theory is false.
1h 57m | PG-13
www.imdb.com
Chris Gardner
The story of Chris Gardner is one of a man who worked his butt off. Started off in poverty, from a broken family, ended up with a broken home, was EVEN HOMELESS, and a son to take care of.
And yet Chris Gardner succeeded. Was it easy? No. Were there troubles yes? But he is now a multi-millionaire with his own successful firm.
Why didn't the FHA rules prevent Chris Gardner from becoming a multi-millionaire?
Why didn't the government policies prevent Chris Gardner from becoming successful?
Why didn't the white people, in a white dominated market, prevent Chris Gardner from starting his own firm, and making $70 to $100 Million net worth?
The entire claim is obliterated by the absolute concrete fact, that black people can, when they work at it, be successful and extremely wealthy.
Take Robert F Smith.
en.wikipedia.org
Has a networth of $5 Billion.
Why didn't the FHA prevent that? Or government police prevent that? Or white people prevent that?
How do you explain Denzel Washington, or Will Smith? How do you explain the NBA and NFL?
en.wikipedia.org
Owner of one of the largest black owned companies in the US. Bilionaire. Grow up in poverty.
How do you explain that? Why didn't the FHA stop that? Why didn't government policy prevent it?
How you can explain any of these things, if the FHA is preventing blacks from becoming wealthy?
Because it isn't. It's an excuse for bad behavior. That's all it is.
Blame shifting from "your choices, have your results"
This did not happen because most Blacks are lazy
Not just lazy. it's more than being just lazy, although lazy is part of it.
It also has to do with broken families, and drug use, and not saving wisely with money, and not working your way up the economic ladder.
Again, I have a had a manager who started off a part-time cashier at Advance Auto Parts. He worked for minimum wage. He came in every single day on time. He worked the entire time he was there. He didn't complain and didn't have an attitude. He did his job. He did this for years. Worked his way up. Full time. Weekends. Over time. Did the company training program. Put in 50, and even 60 hours a week.
Today he is store manager of his own store.
Now, you compare that to the guy I work with right now. He wanders off. We'll be working, and he'll just get up and walk out, and come back 30 minutes later.
"Well why don't you tell him...."
No, he's an adult. If he doesn't do his best, he'll be treated like a lazy person, that earns minimum wage.
Then you complain that white people like the guy above, earn more than black people like this guy.
No, that's how life works. You want to be successful? You need to work at it. You want to get promoted? You need to work your way up, and make yourself the best guy in the room, or as close to it as you can.
You want to be super wealthy? You are not getting there, doing 40 hours a week, at McDonald's as a fry cook.