Racial wealth gap is vast: 2020 Democrats have plans to close it

NBC News ^ | 05/20/2019 | Benjy Sarlin

[Responsibility2nd]

From reparations to "baby bonds," Democratic candidates are proposing big ideas to confront inequality.

If you’ve been to an event with a Democrat running for president this year, there's a good chance you’ve heard about it: the racial wealth gap.

Candidates are regularly bringing up the fact that the typical black family has only one-tenth the assets of the typical white family — a divide that has grown larger than it was 35 years ago.

Far from a niche concern, candidates have incorporated it into their signature proposals. They've addressed it in speeches not just to black churches in South Carolina, but also to mostly white town hall crowds in Iowa and New Hampshire.

In many ways, it's a defining issue of the 2020 cycle so far, one that brings together multiple trends that are transforming the party: the rising clout of nonwhite voters, a rush to embrace more ambitious policy, and heightened concerns about both racism and inequality under President Donald Trump.

[elbook]

Leftists don’t consider having minority unemployment at historic lows brought by Trump’s agenda as any possible solution.

Remember THEY aren’t actually interested in equality of any kind.

[SunkenCiv]

Thanks Responsibility2nd.

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• Donald Trump -- A Triumphant President: A Psychoanalyst's Observations and Opinions

[<1/1,000,000th%]

They spent 8 years trying to close it and it got worse.

[Jyotishi]

How big is the property and what is the address?

[Mr. Jeeves]

Democrats have no idea how to create wealth - all they know is how to loot it. Grab your wallet.

[17th Miss Regt]

Whites already have 27 percent that are born to unwed mothers. Asians best everyone again with 13 percent.

In other words, the plan is well under way.

[Feckless]

I got a plan. Get off your ass, get a job. Quit trying to be a Gangsta and be a Father. Teach your kids the value of hard work and saving instead of bassetball and stealing.

[sparklite2]

"I'm headin' out to Illinois, ma."

"Why you be doin' that, boy?"

"Well, ma, they's cuttin' off permanent welfare.
I can only  support us so much by food stamp
resales, check forgery, drug dealin', benefit fraud,
muggin', burglary, armed robbery, counterfeitin'
and fencin' stolen merchandise."

"Well, I swan. What you gonna do, boy?"

"I don't know, ma. It's not like I have any skills."

"Well, I swan."

[The Toll]

Well, they are Muggers, what would you expect.

[GOPJ]

It's called the “Venezuelan Plan”:

We all TAKE UNTIL EVERYTHING IS GONE THEN WE STARVE...

[Ronaldus Magnus]

It's called the “Venezuelan Plan”: We all TAKE UNTIL EVERYTHING IS GONE THEN WE STARVE...

I think you meant: "We all TAKE UNTIL EVERYTHING IS GONE THEN YOU STARVE..."

[GOPJ]

"We all TAKE UNTIL EVERYTHING IS GONE THEN YOU STARVE..."

BINGO - you're right!

[Alas Babylon!]

You mean I can get as much $$$ as Oprah has? Or Bill Cosby had?