Posted on 09/03/2011 1:06:33 AM PDT by WilliamHouston
THE economic crisis in the United States is also a racial crisis. White Americans are hurting, but nonwhite Americans are hurting even more. Yet leaders in both political parties for different reasons continue to act as though race were anachronistic and irrelevant in a country where an African-American is the president.
In July, the unemployment rate was 8.2 percent for whites, but 16.8 percent for blacks and 11.3 percent for Latinos. The Pew Research Center estimates that in 2009, the median household net worth was $5,677 for blacks, $6,325 for Hispanics and $113,149 for whites down from $12,124, $18,539 and $134,992, respectively, in 2005.
All groups have suffered from high unemployment, the mortgage meltdown and soaring health care costs, but African-Americans and Hispanics started far behind and continue to fall behind. In 2009, 35 percent of black households and 31 percent of Latino households had zero or negative wealth, compared with 15 percent of white households. . .
(Excerpt) Read more at nytimes.com ...
And here I thought it wasn’t about the color of our skin.
er...Bush’s fault?
I’d like to see those numbers sorted out in terms of education, age, marital status, substance abuse. My guess is that black/white/hispanic matters a lot less than these factors.
Lifestyle has a lot to do with net worth.
I find that blacks tend to be, more often than not, concerned with status than whites.
They like shiny shoes and clothes. If they own a car, there’s a good chance it will be a Chrysler 300,
Whereas whites are willing to drive a beat-up Pinto and wear lumberjack shirts from the local Workwearhouse.
After 46 years of consistent failure, the federal government needs more money to spend on its favorite social engineering programs. It needs more power to micromanage our lives in the Heartland.
A skeptic might conclude that Washington (a.) doesn’t have a clue, (b.) never had a clue, (c.) can’t solve the problem, and (d.) has been forcing us to pretend for decades that these bureaucrats are competent in order to extract from us our tax dollars.
In fact, with all the power that Washington has been given to micromanage race relations, with all the money that it has spent on that project, Washington has succeeded in making everyone - black, white, Hispanic - worse off than we were just a few years ago!
According to the New York Times, Washington needs the power to “devise districts and situate homes in ways that are more likely to produce integrated schools and neighborhoods.”
But wait a minute ... just how many integrated schools and neighborhoods are there? There have been integrated schools in America for over a hundred years now. There are plenty of integrated neighborhoods.
If integration was a real solution, then surely it would have worked after half a century of trying it?
No worry. Its not like facts and consequences and results have ever gotten in the way of liberal ideology before. We still have housing projects and welfare in the year 2011.
The New York Times thinks Washington needs even more power to give bureaucrats the right to decide where every man can live and where every child can go to school!
These government schools are doing such a heckuva job under Obama that everyone should be forced to attend one.
Also keep in mind that a disproportionate number of blacks are government employees. In that survey cited, they counted 401K assets, but NOT the net equivalent present value of government pensions.
It’s always the fault of White people. This is a liberal axiom.
Suppose you were born in 1980. Yes, it is your fault that there was slavery in America, which hasn’t existed in 150 years.
It is your fault that there was segregation which hasn’t existed in the South since 1965 and which hasn’t existed in the North since the aftermath of the Civil War.
We’ve had a black president, a black attorney general, a black secretary of state, a black secretary of defense ... black people control many of the counties in which they live, many of the cities in which they live, in fact, many of the countries in which they live.
Deval Patrick is the governor of Massachusetts. Patterson was the governor of New York.
So Detroit didn’t work out to well under black people ... that’s the fault of White people too, even though Detroit and Highland Park ... mysteriously used to function like actual cities.
Birmingham, Alabama is on the verge of filing for the largest municipal bankruptcy in American history. It has been under the rule of black people since the late 1970s.
Why is Birmingham going bankrupt? That too is the fault of White people. Just like Haiti and Zimbabwe are the fault of White people.
Oh, so you are telling me the integrated schools didn’t work, the housing projects didn’t work, the food stamps and the welfare check didn’t work, the Section 8 housing didn’t work.
That also is the fault of White people.
If only Don Lemon or Al Sharpton were on television, black people wouldn’t be in the situation they are in today. If only Jesse Jackson was taken seriously ... we wouldn’t find ourselves in this predicament.
By its very nature, liberalism is impervious to reality. It is an ideological take on the real world. It is based on fantasies.
So, if you are a fantasist, then yeah, this could very well be Bush’s fault. When Hurricane Katrina hit New Orleans, that was George W. Bush’s fault. When Obama’s stimulus package failed that he promised would succeed, that was also Bush’s fault.
Being a victim means never having to take responsibility for your own actions. It is always the fault of someone else. It is a comforting mindset, I am sure.
“... soaring health care costs ...”
Riiiiiiiiight. “Soaring health care costs” did this, not Marxism.
...and 7.1 for Asians. Hmmm, wonder why that is?
Yep - minorities hurting even more BECAUSE of all the programs to "help" them, not DESPITE the efforts.
Why is it always the Left that keeps race issues alive when they are the ones who purport to be all-inclusive. I guess it's convenient to keep the memory of slavery alive so they can send their special brand of slaves to the streets at the drop of a hat. - what a disgusting bunch.
Excuse me - for my information - who was the black Secretary of Defense?
Hmmm... White businesses go under, they fire people. Since a few of these businesses are blue collar type jobs, it would stand to argue that some of their employees might be of color.
Get rid of the regs, people will start to hire again. Apparently race baiting means more to the administration then putting people to work.
Guess if you are an idiot and are more concerned about your race than your job, you get what you deserve.
If they are going to post figures on ‘households’ how about detailing how many parents and children there are in each ‘household’ - or would the figures be embarrassing?
Leftists pretend to care about people, but they do not.
At every opportunity they raise the issue of race and other divisive matters. These so-called well-intentioned people do more to foster hatred among the races and different ethnic groups than any white-hooded, illiterate from the deepest reaches of “deliverance-land”.
Whereas inequalities exist among the several racial groups, the policies encouraged by these deceitful race pimps have only served to continue them.
We need to address problems more from a socio-economic perspective and less from a matter of blood, which is something that a person inherits and has been shown throughout history, over and over again, is no permanent obstacle to success and happiness in our great republic.
There has never been one. Racists aren’t too good with facts.
When you look at who has been in charge of the government for the last 200 years, I would have to agree with you. It wasn't the black or hispanic population that ushered in the "New Deal." or Raw Deal, if you want to label it correctly. It's easy to scapegoat minorities, but we should be honest in laying the blame at the feel of progressive do-gooders responsible for creating un-constitutional handout programs and policies.
That's why it's so important to instill and uphold a moral principle in our children, no matter the color or ethnicity, that says it is not okay to steal from your neighbor, that it's not okay to kill the unborn, that it's wrong to cheat, that charity begins at home, and is where it should reside. And lastly, if you would eat, then you will work for your bread, and be rewarded for your efforts.
When government has you enslaved to their handouts so that you will vote Democrat each time, expect that there will be little wiggle room when times get though.
It’s the old adage: give a man a fish....
Blacks Americans would be wise to unhinge themselves from expecting that government will: educate their children, provide all their healthcare, make sure they get paid the minimum wage, hire them to work for the State, give them unemployment benefits when they get laid off, etc, etc.
When Blacks learn to be self-sufficient and entrepreneurial, they will quickly have no reason to vote for Democrats because they would have learned that government can do nothing for them that they cannot provide for themselves. As long as your wagon is hitched to the government, you’ll have no racial pride. By the way, Obama was never your messiah despite what he led you to believe.
VICTIMHOODLUMS!!
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