Posted on 05/13/2019 5:57:59 AM PDT by reaganaut1
Elizabeth Warren wants to offer down-payment assistance to home buyers in formerly redlined neighborhoods where the federal government once denied access to mortgages. Cory Booker would like to create baby bonds that would be worth more to children in poorer families, helping them one day to buy houses or other assets.
Both presidential candidates say their proposals would aid in narrowing the enduring black-white wealth gap in America. But neither policy attempts to do that in the most direct way possible by steering benefits to African-Americans.
Their ideas, along with several others that scholars advocate, are facing a tricky problem today. Theres growing momentum on the left to address the racial wealth gap. But the prospects for race-based policies before the Supreme Court are unpromising, and thats unlikely to change with five conservative justices.
The court is functionally not now going to be an ally in anything here, so you do have to be careful, said Mehrsa Baradaran, a law professor at the University of Georgia who has written about the racial wealth gap.
The court is unlikely to uphold baby bonds or housing programs explicitly for African-Americans, even to remedy disparities created when many government benefits were explicitly for whites. Affirmative action and government contracting programs have similarly struggled to meet or skirt the courts strict scrutiny for applying benefits by race.
Proponents concerned about the wealth gap instead must come up with policies that have the effect of disproportionately building wealth for African-Americans, without singling them out.
There are ways that you can craft legislation that essentially gets at this effect, Ms. Baradaran said. Look at how much legislation we have that gets at the opposite effect.
Policies like the mortgage interest deduction, for example, disproportionately benefit white families, who are more likely to own homes.
(Excerpt) Read more at nytimes.com ...
Reading ‘The Upside of Inequality: How Good Intentions Undermine the Middle Class” (Edward Conrad)
Can the racial NBA gap be closed without speaking of race?
They fail to realize that the more they push these racial policies the worse the racial divisions become. Let things evolve naturally and dont try to force an issue that is curing itself.
The gap between Jews and Gentiles?
Asians and non Asians?
The first link says this article is from the New York Times. The link below is to the Wall St. Journal about tuition at private colleges. Maybe the mods could fix that?
The first link says this article is from the New York Times. The link below is to the Wall St. Journal about tuition at private colleges. Maybe the mods could fix that?
Leftardism = in gang warfare and gang rule, it is my gang right or wrong.
So more discrimination and inequity and quotas to right wrongs of discrimination and inequity and quotas?
The government is supposed to protect INDIVIDUAL citizens’ natural rights. That is the part that the race hustlers desperately want people to forget - that rights are individual, not group. IMHO, naturally.
How many atheletes and entertainers are “of color” and in the 1%
How many of them put the money “in the community” vs putting it into bling to appear in the society column and go ballin at the MET?
Sorry, the correct link is https://www.nytimes.com/2019/05/10/upshot/racial-wealth-gap-2020-candidates.html .
Since the left has determined that mathematics is European, the answer to the headline is a resounding no.
Can the Racial Wealth Gap Be Closed Without Speaking of Race?
Can the ‘Bell Curve’ (for I Q )be changed by wishful thinking?
The solution is to encourage marriage, or at least not discourage it through government policy.
Academics teach that the breakdown of the black family is the legacy of slavery and discrimination. They ignore the following facts. In 1950, 72 percent of black men and 81 percent of black women had been married. Also, only 17 percent of black children lived in single-parent
households; today it’s close to 70 percent. Every census from 1890 to 1950 showed that black labor force participation rates exceeded those of whites. During the late 1940s, the unemployment rate for black 16- and 17-year-olds was less than that for white teens.
Source:
http://jewishworldreview.com/cols/williams090716.php3#F1SWXCDK7VcHHTGs.99
“Since the left has determined that mathematics is European, the answer to the headline is a resounding no.”
What areas,say..from 200BC forward,did NOT have writing and such until “Whitey” got there ?
Answer? Racist, racist racist!!
by steering benefits to African-Americans.
More anti-white BS. Unless you are suggesting that AA are stupid there is nothing preventing them from going to school/getting training, learning financial strategies budgeting & saving their money.
“Can the Racial Wealth Gap Be Closed Without Speaking of Race?”
No. The word “Racial” is in there. You can’t speak of “Racial” without speaking of “Race.” This is a tautology.
Take any aspect of human existence. Freckles, for example. Tally up the salaries of freckled people as opposed to non-freckled. I’m betting there’s a difference, and that freckled makes less money. Whatta we gonna do now? Easy. Declare Freckled a victim group and penalize any company that pays freckled people less.
A more rational solution is to find out why the freckled people earn less. Are they dumber? work less? have personality problems? Find out before you give them a free pass and more money.
The point is obviously not about freckled.
Do they mean the racial wealth gap between Asians and Whites?
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