Posted on 05/08/2022 6:13:04 AM PDT by Oldeconomybuyer
Tanisha Boston has been feeling the effects of inflation, from the gas pump to the grocery store, for months. So in April, the 31-year-old Los Angeles resident shared her frustrations on social media, writing, “Please check on your LA friends, we are NOT okay!” under a photo of herself in front of a gas station charging $7 per gallon.
And like most economic downturns, including the Great Recession and the pandemic, Black communities are disproportionately impacted. This means that Black households are now spending more of their post-tax income on necessities.
Amid this financial crunch, activists and community leaders are stepping up their work around food security and affordable housing to meet new needs in the Black community.
Hosea Helps is a Black-owned nonprofit in Atlanta that distributes meals and provides other services including rental and utilities assistance. Elizabeth Omilami, chief executive of the group, said she’s seeing an increase in the number of people who now need food. Over Easter, more than 600 vehicles lined up for food during the organization’s food distribution program.
“The rent has increased so much that people don’t have a place to live,” Omilami said. “And the rise in food prices has caused our numbers of people asking for emergency food to almost triple.”
William Darity Jr., professor of public policy, African American Studies and economics at Duke University, said the underlying reason why inflation is so harmful to Black communities is the wealth gap. According to Darity, white households have more than $800,000 more in net worth than Black households.
“One of the key indicators of this is the virtually permanent two-to-one ratio in unemployment rates between Blacks and whites in the United States, which I view as a prime index of the degree of discrimination in American labor markets,” Darity said.
(Excerpt) Read more at nbcnews.com ...
they always think they have it worse than everybody else and nothing is ever their fault ... sick and tired of it ... and them ...
Let’s Go Brandon!
Yup—fifty five years of trillions of dollars of “programs”—and all we have to show for it is more whining and louder cries of racism.
&^%$ that.
wonder when the monthly stipend will be inacted
Yet they’ll continue to vote for Democrats in massive numbers.
MAYBE-—IF landlords were NOT allowed to collect rent under Covid, there would NOT be such rent increases now.
Seeing more and more of this.
If you are going to capitalize "Black" in reference to a race, then "White" must be capitalized as well.
I don't have to boycott NBC, I boycotted them years ago.
I am also sick and tired of the attitude that White America is supposed to take care of them.
Plenty of landlords have reported that their non-paying “renters” were out buying new TVs, gaming and sound systems, new cars and other material things while not having to pay rent.
California keeps extending it and extending it and extending it - the “last and final deadline” is June 30th - but I’m guessing it will be extended once again.
Properties in my area are being bought up by BlackRock type corporations, two or more residences put on the lot - and then rented out.
Wonder what they think of these freeloaders?
White America is going to have to learn the magic words:
“&^%$ No.”
Elections have consequences. Until they realize they’re getting what they voted for, the misery will continue.
I’d love to help but I was just notified my electric bill will double next month. I will save my excess funds to survive this recession. You know the drill, put your oxygen mask on first…..
And what of the libgressives pushing a guilt trip on others about slaves and oppression and misdeeds? Most of these pushers are oppressors. This may be speculation of course*.
*Disinformation disclaimer. LOL!
But put it in purely racial terms, because the ruling class wants to distract from class privilege.
Translation:
Inflation exacerbates inequality
Headline: WORLD ENDS TODAY - Blacks and Transgenders DISPROPORTIONATELY AFFECTED.......
Sell that $1000 Iphone if you need money....
Oh, I agree - but the Democrats will blame Trump and MAGA - or Putin (Biden himself has said this) - for all the woes and ills of blacks.
The media, all over CNN, and other mainstream outlets will parrot this - and blacks will continue to believe that what is causing their misery is White Supremacists, MAGA supporters, Trump and Putin.
Just a few days ago...
Politico:
Biden: MAGA is the ‘most extreme political organization’ in recent U.S. history
I'm not, in principle, opposed to it. Just want to point out you'll have to back up those words...perhaps with lead.
Are you sure you have that kind of commitment?
There are other ways....
I liked the way Soviet citizens dealt with their oppressive government....
Be a taker instead of a giver—and collapse the system.
No shots need be fired in anger.
Just to give an example of “fighting” without fighting:
Young people should create a fake back-story of distant Native American or Hispanic ancestry and use it to get private and government benefits of every kind.
In short—lie.
(Btw there is some evidence this has already been happening—the “growth” in Hispanic and Native American ancestry of young people is significantly above that of their parents. Young folks are figuring out that gaming the system is more effective than complaining about it.)
When conservatives learn to stop playing by the rules they will start winning.
Sun Tzu—The Art of War.
All (successful) war is based on deception.
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