Federal Reserve Study Shows Race Determines Your Likelihood of Becoming a Millionaire

The Atlanta Black Star ^ | January 24, 2016 | Manny Otiko

[Tolerance Sucks Rocks]

Full title:

Who Wants to be a Millionaire? Federal Reserve Study Shows Race Determines Your Likelihood of Becoming a Millionaire

[Tolerance Sucks Rocks]

I noticed that the article (and maybe the Fed study as well) did not break down the types of majors and careers that Blacks and Hispanics picked vs. the types of majors and careers that Whites and Asians picked.

[PAR35]

Hard to become a millionaire on welfare unless you engage in a lot of fraud.

[JmyBryan]

If you have a family, it’s generally better than not having one. If you have a rich family ...

[EagleUSA]

“..Federal Reserve Study Shows Race Determines Your Likelihood of Becoming a Millionaire..”

Federal Reserve Study Shows WORK and DESIRE Determines Your Likelihood of Becoming a Millionaire.

[The_Media_never_lie]

All my life I have had white people come up to me trying to give me a job, give me money, or give me “A”s in calculus, etc. Dang this white privilege! It is surely a hard thing to shake!

[E. Pluribus Unum]

It's not race privilege.

It is IQ privilege.

[funfan]

Or you are a community organizer schooled in fleecing the population.

[Paladin2]

Why not include intelligence and perserverance and parental skillz as explaining variables?

[RegulatorCountry]

Behavior has more to do with accumulating wealth than anything. Keep as much of what you make as possible, spend as little as possible. People who are more interested in having a nice car and nice clothes than saving and investing are far less likely to amass a million dollars. That has nothing to do with race.

[Gay State Conservative]

This country is 80% white yet no more than 5% of those on NBA rosters are white.There's no way that non-whites dominate because of superior talent and/or a superior work ethic so it *must* be discrimination.

[publius911]

Federal Reserve Study Shows Race Determines Your Likelihood of Becoming a Millionaire

Seriously?

The Federal reserve is qualified to answer social cultural questions?
How are they qualified to do that? A private club neither elected nor accountable?
The VERY essence of Crony Capitalism?

Seriously?

[PA Engineer]

Homes that are intact with both a mother and a father too.

[Mastador1]

Race huh, I wonder how those numbers reflect all the gang bangers and promoters of the lifestyle rappers that have become millionaires pedaling hate?

[Mouton]

Coincidental that Bloomberg thinking of running? No!!

[Vigilanteman]

Yep. A very important variable ingredient which means NOTHING in the libtard race centered fantasy world.

Do you think it is possible that majors in engineering or finance are more likely to become millionaires than majors in exercise science or grievance studies?

[publius911]

Hard to become a millionaire on welfare unless you engage in a lot of fraud.

OR CRIME.

Why pretend to be blind to the obvious?

[inpajamas]

Hey. Where are the Jews? - over to the right off the chart?

[arthurus]

Race does not determine things like that Ambition, entrepreneurial character, are the operant factors economic success. These qualities are not evenly distributed among populations.

[Gator113]

Exactly.