I’m not talking about home ownership increasing, I’m talking about the amount of kids decreasing.
Like, say there’s a pizza, if it’s just you, that’s more pizza than you should eat. If you have to share it with 9 people, there’s not enough for anyone.
Because the price of homes drastically increased, and number of kids keeps declining, that means there’s more “pizza” and less people to share it with.
Even without homeownership, less kids still leads to a larger inheritance per child.
Maybe so, but that still mostly only applies to white people. A larger inheritance per child doesn’t matter if the inheritance is a paltry sum. Or no inheritance at all.
Have you ever heard of West Virginia, or Kentucky?
That’s not even getting into poor white people living in cities.
Shit, look at the republican voter base, it’s mainly poor white people. Just because some have money, doesn’t mean it “trickles down” to other people for having the same amounts of melanin in their skin…
If you can convince the lowest white man he’s better than the best colored man, he won’t notice you’re picking his pocket. Hell, give him somebody to look down on, and he’ll empty his pockets for you.
Keep in mind, he was talking about what republicans were/are doing, not saying it as something we should do.
It’s decades later, and you’re still carrying that water pail for republicans and dividing Americans by race instead of wealth.
Got it. You’re not going to read the article. Well, I’ll just leave this here for you:
In 2019, the median wealth (without defined-benefit pensions) of Black households in the United States was $24,100, compared with $189,100 for white households. Therefore, the typical Black household had 12.7 percent of the wealth of the typical white household, and they owned $165,000 less in wealth. The average gap is somewhat smaller in relative terms but much larger in dollar terms. The average Black household had $142,330 in 2019 compared with $980,549 for the average white household. This means that, on average, Black households had 14.5 percent of the wealth of white households, with an absolute dollar gap of $838,220.
The massive Black-white wealth disparity is nothing new in this country. It has persisted for centuries and has been apparent in consistent, nationally representative data for at least three decades. The gap between Black and white households appears to have widened again in the latter part of 2020 as the pandemic and deep recession took hold, especially hurting Black Americans.
Looking forward to you avoiding those inconvenient truths in favor of more personal attacks.
Common white people are able to inherit it.
Generational wealth for people of color is still something many of them are not lucky enough to have.
I think you misunderstood.
I’m not talking about home ownership increasing, I’m talking about the amount of kids decreasing.
Like, say there’s a pizza, if it’s just you, that’s more pizza than you should eat. If you have to share it with 9 people, there’s not enough for anyone.
Because the price of homes drastically increased, and number of kids keeps declining, that means there’s more “pizza” and less people to share it with.
Even without homeownership, less kids still leads to a larger inheritance per child.
Maybe so, but that still mostly only applies to white people. A larger inheritance per child doesn’t matter if the inheritance is a paltry sum. Or no inheritance at all.
Do…
Do you think no poor white people exist?
Have you ever heard of West Virginia, or Kentucky?
That’s not even getting into poor white people living in cities.
Shit, look at the republican voter base, it’s mainly poor white people. Just because some have money, doesn’t mean it “trickles down” to other people for having the same amounts of melanin in their skin…
Are you really unaware of the generational wealth gap?
https://www.americanprogress.org/article/eliminating-black-white-wealth-gap-generational-challenge/
You’re making it this: Black vs white
I’m saying it’s: rich vs poor
Maybe you need to brush up on your LBJ history:
Keep in mind, he was talking about what republicans were/are doing, not saying it as something we should do.
It’s decades later, and you’re still carrying that water pail for republicans and dividing Americans by race instead of wealth.
And I bet you wonder why it’s not working…
Please read the article I pasted and get back to me.
Bruh, in the last hour you haven’t went more than 3 minutes without making a comment…
And you seem to argue with every single person, while they try to explain how you’re missing the point.
Maybe you should slow down and type less? I think you’d understand more.
But I’m not going to hang out to find out
Got it. You’re not going to read the article. Well, I’ll just leave this here for you:
Looking forward to you avoiding those inconvenient truths in favor of more personal attacks.
Corporations are eating the extra pizza tho. I told mom but she says she can’t do anything about it.