06-20-2019, 08:24 AM
I had a nice long post typed up getting into all of this. I had embedded two videos to make it a little humorous but focusing on the issue and why it is a problem. Then I hit the back button on the wrong tab.
Anyway, reparations are aimed at decreasing the wealth gap, not the income gap. For reading on the wealth gap, check out these links:
https://www.washingtonpost.com/us-policy/2019/03/14/new-explanation-stubborn-persistence-racial-wealth-gap/?utm_term=.a507f4d7e8e6
https://www.economist.com/united-states/2019/04/06/the-black-white-wealth-gap-is-unchanged-after-half-a-century
https://www.epi.org/blog/housing-discrimination-underpins-the-staggering-wealth-gap-between-blacks-and-whites/
https://www.forbes.com/sites/laurashin/2015/03/26/the-racial-wealth-gap-why-a-typical-white-household-has-16-times-the-wealth-of-a-black-one/#7dcbd9361f45
https://www.nytimes.com/2019/04/23/opinion/closing-the-racial-wealth-gap.html
The wealth gap is something that has continued to be an issue since the end of slavery. Our new black citizens were released with nothing to their names, which means nothing to use to accrue wealth and nothing to pass along to the next generation. That has been perpetuated for decades, made more of a thing by racist policies in the early part of the 20th century. But those racist policies had a lasting effect and cause difficulties in accumulating wealth.
![Sad Sad](http://yoursmiles.org/msmile/sad/m1501.gif)
Anyway, reparations are aimed at decreasing the wealth gap, not the income gap. For reading on the wealth gap, check out these links:
https://www.washingtonpost.com/us-policy/2019/03/14/new-explanation-stubborn-persistence-racial-wealth-gap/?utm_term=.a507f4d7e8e6
https://www.economist.com/united-states/2019/04/06/the-black-white-wealth-gap-is-unchanged-after-half-a-century
https://www.epi.org/blog/housing-discrimination-underpins-the-staggering-wealth-gap-between-blacks-and-whites/
https://www.forbes.com/sites/laurashin/2015/03/26/the-racial-wealth-gap-why-a-typical-white-household-has-16-times-the-wealth-of-a-black-one/#7dcbd9361f45
https://www.nytimes.com/2019/04/23/opinion/closing-the-racial-wealth-gap.html
The wealth gap is something that has continued to be an issue since the end of slavery. Our new black citizens were released with nothing to their names, which means nothing to use to accrue wealth and nothing to pass along to the next generation. That has been perpetuated for decades, made more of a thing by racist policies in the early part of the 20th century. But those racist policies had a lasting effect and cause difficulties in accumulating wealth.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR