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To: Lonesome in Massachussets

“It is well documented that within the same income stratum whites SAVE MUCH MORE THAN BLACKS. All other things being equal, a black man making $75,000/year will save less than the white guy in the same cube making the same salary.” —> you have a link for that? I’m not questioning you, I’d just like to read those stats for myself — there’s always something new to learn.


259 posted on 05/20/2010 6:58:00 AM PDT by Cronos (Origen(200AD)"The Church received from theApostles the tradition of giving Baptism even to infants")
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To: Cronos
I'm going from memory from an article in National Review that I read years ago.

Try: http://www.federalreserve.gov/boarddocs/speeches/2004/20041006/default.htm

Go the paragraph "Savings and minority households" See also the cited studies.

I also recall reading in an advertising promotion for Ebony (in Ebony itself) that their readers spend a higher percentage of their income on clothing, cosmetics, liquor and automobiles than the general public. (Though not vacations, iirc.) So if you're selling any of those products, their readers are a better market than an otherwish economically similar demographic.

261 posted on 05/20/2010 9:42:29 AM PDT by Lonesome in Massachussets (The naked casuistry of the high priests of Warmism would make a Jesuit blush.)
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