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Racial wealth gap is vast: 2020 Democrats have plans to close it
NBC News ^ | 05/20/2019 | Benjy Sarlin

Posted on 05/20/2019 9:44:11 AM PDT by 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.

(Excerpt) Read more at nbcnews.com ...


TOPICS: Culture/Society; Politics/Elections
KEYWORDS: 2020demprimary; benjysarlin; classenvy; confiscation; deception; dnctalkingpoint; dnctalkingpoints; greed; marxism; mediawingofthednc; nbc; nobrainscollectively; partisanmediashills; presstitutes; racial; redistribution; reparations; smearmachine; wealthgap
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TL;DR article. Every Democrat want to give, give give free **** away.
1 posted on 05/20/2019 9:44:11 AM PDT by Responsibility2nd
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To: Responsibility2nd

Sure they have a plan...
Everyone else is poor and then there are Democrats.


2 posted on 05/20/2019 9:46:24 AM PDT by tet68 ( " We would not die in that man's company, that fears his fellowship to die with us...." Henry V.)
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To: Responsibility2nd

We’re the government and we’re here to help..


3 posted on 05/20/2019 9:46:46 AM PDT by Track9 (I mess up the bell curve.)
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To: Responsibility2nd

That number was probably not that bad when there was actual, open, in-your-face racism.

Why, I wonder???


4 posted on 05/20/2019 9:47:08 AM PDT by The Antiyuppie (‘When small men cast long shadows, then it is very late in the day.’)
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To: Responsibility2nd

They plan to close the gap not by bringing up those in the lower brackets, but by taking down those with wealth. No jobs.


5 posted on 05/20/2019 9:47:33 AM PDT by Chauncey Gardiner
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To: Responsibility2nd

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

__________________________________________________________

OH GOODIE! I’ve always wanted to have my property confiscated because I was white.


6 posted on 05/20/2019 9:48:47 AM PDT by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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To: Responsibility2nd

Democrats threw wast sums of money to CAUSE the problem.
Now more money is needed to FIX it.

Ingenious.


7 posted on 05/20/2019 9:49:00 AM PDT by The Antiyuppie (‘When small men cast long shadows, then it is very late in the day.’)
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To: The Antiyuppie

Maybe being on the government tit isn’t a way to develop wealth


8 posted on 05/20/2019 9:49:11 AM PDT by Ouderkirk (Life is about ass, you're either covering, hauling, laughing, kicking, kissing, or behaving like one)
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To: Responsibility2nd

I’m sure dropping out of high school, shunning trade schools or college, having kids out of wedlock, refusing to get married, shooting up drugs and failing to hold a steady job because it isn’t fun, fulfilling or whatever has nothing to do with this gap. Right?


9 posted on 05/20/2019 9:50:03 AM PDT by Vigilanteman (The politicized state destroys all aspects of civil society, human kindness and private charity.)
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To: Ouderkirk

If you gave blacks whitey’s money, whitey would get it all back in no time.


10 posted on 05/20/2019 9:50:04 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Responsibility2nd

Yes it is, sadly... but its largely a product of education, and personal behavior.

The government already controls the former, and does everything it can to destroy the consequences of the latter.


11 posted on 05/20/2019 9:50:11 AM PDT by HamiltonJay
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To: Responsibility2nd

If they meant it at all they’d be pushing for financial education.


12 posted on 05/20/2019 9:51:01 AM PDT by thoughtomator (The Clinton Coup attempt was a worse attack on the USA than was 9/11)
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To: tet68

The plan is how to buy an election.


13 posted on 05/20/2019 9:52:40 AM PDT by Buckeye McFrog
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To: Responsibility2nd

If Blacks would finish high school and get married before having babies, they’d be much better off. The rest of us would be thrilled if they would take care of themselves instead of becoming dead weight on society.


14 posted on 05/20/2019 9:53:23 AM PDT by txrefugee
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To: Responsibility2nd

The best thing you can do to close that gap is plenty of jobs. And Trump is doing that.


15 posted on 05/20/2019 9:53:30 AM PDT by DannyTN
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To: Chauncey Gardiner

One way to do that is to destroy the white family just like they destroyed the black family.


16 posted on 05/20/2019 9:53:45 AM PDT by 17th Miss Regt
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To: Responsibility2nd
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.

Wow I wonder if this has anything to do with it?

Since 1970, out-of-wedlock birth rates have soared. In 1965, 24 percent of black infants and 3.1 percent of white infants were born to single mothers. By 1990 the rates had risen to 64 percent for black infants, 18 percent for whites.

The most recent stat I saw has black unwed births at 72%.

But it is the white people’s fault. It’s all of those micro aggressions.

17 posted on 05/20/2019 9:55:48 AM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit)
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To: Responsibility2nd

Maybe some of those wealthy liberal corporations (the ones who are always telling the rest of us how to live) like facebook, twitter, youtube, apple, microsoft, nbc, abc, cbs, cnn, amazon, etc, etc, etc, should make a great effort to hire more people of color and pay them high wages.


18 posted on 05/20/2019 9:55:58 AM PDT by Jim Robinson (Resistance to tyrants is obedience to God!)
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To: Responsibility2nd

Wealth Confiscation.
Yeah, that will solve everything.


19 posted on 05/20/2019 9:58:12 AM PDT by DaxtonBrown
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To: Responsibility2nd

Will the Democrats ever talk about these poverty busters?
Marriage.
Steady job.
Completing school.
Don’t break the law.
Sticking to a budget as much as possible.
Personal responsibility.


20 posted on 05/20/2019 9:58:23 AM PDT by lastchance (Credo.)
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