Posted on 12/12/2014 7:31:45 PM PST by ConservativeStatement
An unequal economic recovery has helped create the largest wealth gap between minorities and whites in more than a decade, a new report found.
The gap has grown, as white Americans -- who are more likely to own stocks -- rode surging financial markets to greater wealth, the Pew Research Center said Friday.
Meanwhile, minorities, hit harder by the housing crash, saw their wealth decline between 2010 and 2013.
(Excerpt) Read more at latimes.com ...
“Wealth gap between whites and minorities is growing, Pew says”
Baloney - I’m sure the average asian is doing better than the average white.
But... they don’t mean THAT minority.
Between whites and minorities....except orientals.
Never included unless convenient are orientals.
Those samn orientals. Always messing up the curve, or giving the lie to white racism.
Wait! Whites get richer, and blacks get poorer, under Uhbama?
Say it ain’t so!
It’s called marriage, an archaic custom that underlies the “privilege” of knowing both your parents
It sure is. My yearly salary couldn’t pay one month’s mortgage payment for most black athletes and entertainers.
Any republican who supports amnesty supports a socialist takeover.
Not to worry, your selfish retirement investments will be nationalized for the greater good.
Like the song says, "I've looked at life from both sides now" ... I'll leave it at that.
Institutionalized class warfare. Full scale Marxism in play.
funny thing is lots of foreign immigrants come here and after working hard become better off than native-born minorities.
Why, we’re practicing apartheid! /S
“hit harder by the housing crash, saw their wealth decline between 2010 and 2013”
“Hit harder by the Mercedes/Lexus/Acura cost levels”
fixed it
Since Bush One, this country has lost to Pacific Rim countries: textiles, furniture, automobiles, metal working equipment, and many many other industries.
The tax laws, EPA and other government agencies have encouraged their departure and hurt those that have stayed.
Those were jobs that offered a chance to both white and black young people.
Our problems with young blacks will never change until those policies that drive manufacturing overseas are reversed.
Bookmark
The message is: if your money burns a hole in your pocket you won’t have crap in life...
Oh - and it’s NOT “minorities” vs whites... Asians, Indians, 3rd generation Hispanics... etc are doing just fine.
How can that be? We have record numbers of people getting food stamps, unemployment insurance, and various forms of help for the non-working! And for those would-be employers who dare to pay a low starting wage, we’ve unleashed our minimum wages, high union scales, healthcare costs, and reams of regulations! And we’ve increased support for gubmint schools to save minorities from evils like competition and religion!
The answer must be racism. Never mind GOP congresswomen from Utah and senators from SC who may say otherwise.
Not sure if this is true, but if it is ... maybe poorer whites are not satisfied to sit back and collect welfare and are actually working at finding work.
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