Bad Boys II

[BmorePat87]

(06-11-2020, 11:50 AM)Belsnickel Wrote: Well, except the War on Drugs really started during the '70s. No, not officially in name, but that is when the policies really started.


The average take home income may be higher in the US, but income inequality is higher meaning that there is much more disparity between the wealthy and the poor in our country. So when you realize that we have a higher take home income, but also a higher income inequality, it can make you realize just how much of a disparity there is to make it that our take home income average is higher.

I hope that made sense. It made sense in my head but I was having a hard time articulating it.

and of course a decade prior, you starting seeing urban renewal, where 80%-90% of families displaced were families of color and the majority happening in redlined neighborhoods.

Redlining meant that the home prices in those neighborhoods were already well below market value, so any compensation would be inadequate for purchasing a new home.

As we know, housing discrimination still existed, so even if you could afford moving to a new neighborhood, it was likely that they would refuse to sell you a home.

It's like decade after decade of federal, state, and local policies preventing black people from getting access to loans to build property wealth, access equitable primary/secondary education, enrollment in post-secondary education, and purchasing homes had a devastating impact that ensured that the accumulation of generational wealth could not occur. 

Combined with the war on drugs, deinstitutionalization, Vietnam, and mass incarceration...