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dreamdancer

The Economic Fallout Has Decimated the Black Middle Class

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no affirmative action here...

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For African Americans -- and to a large extent, Latinos -- the recession is over. It occurred between 2000 and 2007, as black employment decreased by 2.4 percent and incomes declined by 2.9 percent. During the seven-year long black recession, one third of black children lived in poverty and black unemployment -- even among college graduates -- consistently ran at about twice the level of white unemployment. That was the black recession. What's happening now is a depression.

Black unemployment is now at 14.7 percent, compared to 8.7 for whites. In New York City, black unemployment has been rising four times as fast as that of whites. Lawrence Mishel, president of the Economic Policy Institute, estimates that 40 percent of African Americans will have experienced unemployment or underemployment by 2010, and this will increase child poverty from one-third of African-American children to slightly over half. No one can entirely explain the extraordinary rate of job loss among African Americans, though factors may include the relative concentration of blacks in the hard-hit retail and manufacturing sectors, as well as the lesser seniority of blacks in better-paying, white collar, positions.

But one thing is certain: The longstanding racial "wealth gap" makes African Americans particularly vulnerable to poverty when job loss strikes. In 1998, the net worth of white households on average was $100,700 higher than that of African-Americans. By 2007, this gap had increased to $142,600. The Survey of Consumer Finances, which is supported by the Federal Reserve Board, collects this data every three years -- and every time it has been collected, the racial wealth gap has widened. To put it another way: in 2004, for every dollar of wealth held by the typical white family, the African American family had only one 12 cents. In 2007, it had exactly a dime. So when an African American breadwinner loses a job, there are usually no savings to fall back on, no well-heeled parents to hit up, no retirement accounts to raid.



http://www.alternet.org/workplace/141825/the_economic_fallout_has_decimated_the_black_middle_class_/
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And as long as people are judged by the colour of thier skin there will always be a gap [:/].

The wierd thing is that dark skinned people want to have lighter skin and light skinned people want to have darker skin. It is bizzare!

"When the power of love overcomes the love of power, then the world will see peace." - 'Jimi' Hendrix

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And as long as people are judged by the colour of thier skin there will always be a gap .



And as long as people think that racial divides and racial statistics are exclusively about skin color there will always be misconceptions.



and if statistics keep saying that skin colour is used to discriminate we must acknowledge this fact.
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And as long as people are judged by the colour of thier skin there will always be a gap .



And as long as people think that racial divides and racial statistics are exclusively about skin color there will always be misconceptions.



and if statistics keep saying that skin colour is used to discriminate we must acknowledge this fact.



There's a reason the program is called "Equal OPPORTUNITY" and not "Equal OUTCOME" - something you still seem unable to grasp.
Mike
I love you, Shannon and Jim.
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And as long as people are judged by the colour of thier skin there will always be a gap .



And as long as people think that racial divides and racial statistics are exclusively about skin color there will always be misconceptions.



and if statistics keep saying that skin colour is used to discriminate we must acknowledge this fact.



There's a reason the program is called "Equal OPPORTUNITY" and not "Equal OUTCOME" - something you still seem unable to grasp.



and you seem unable to grasp the fact that blacks are equal to whites - so why are they discriminated against?
stay away from moving propellers - they bite
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And as long as people are judged by the colour of thier skin there will always be a gap .



And as long as people think that racial divides and racial statistics are exclusively about skin color there will always be misconceptions.



and if statistics keep saying that skin colour is used to discriminate we must acknowledge this fact.



There's a reason the program is called "Equal OPPORTUNITY" and not "Equal OUTCOME" - something you still seem unable to grasp.



and you seem unable to grasp the fact that blacks are equal to whites - so why are they discriminated against?



I grasp it just fine, that's why I *don't* support race-based quotas...for anyone.

When you come up with something that ACTUALLY shows discrimination, let me know.
Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

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And as long as people are judged by the colour of thier skin there will always be a gap .



And as long as people think that racial divides and racial statistics are exclusively about skin color there will always be misconceptions.



and if statistics keep saying that skin colour is used to discriminate we must acknowledge this fact.



There's a reason the program is called "Equal OPPORTUNITY" and not "Equal OUTCOME" - something you still seem unable to grasp.



and you seem unable to grasp the fact that blacks are equal to whites - so why are they discriminated against?



I grasp it just fine, that's why I *don't* support race-based quotas...for anyone.

When you come up with something that ACTUALLY shows discrimination, let me know.



history shows discrimination by white against black for centuries - and the above article shows that that situation continues to the present day.

(and if you disagree with that - no doubt you think the moon landing also was a hoax)
stay away from moving propellers - they bite
blue skies from thai sky adventures
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and you seem unable to grasp the fact that blacks are equal to whites - so why are they discriminated against?



There are far more blacks in jail than there should be by proportion. Is that discrimination? Not really, other than unequal access to defense lawyers. They commit more crimes.

The difference isn't race, it's economics, and choices.

Just as much of the wage gap between men and women stems from voluntarily choosing humanities over hard sciences when going to college.

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Wrong on both, sorry.

Unequal OUTCOME doesn't equal discrimination.



do you acknowledge that there has been historical discrimination in your society by white against black?
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could it be that instead of investing in their own future and working hard they spent the money on new rims instead of school



the black middle class are spending their money on 'rims' - and this is why they are discriminated against?
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and you seem unable to grasp the fact that blacks are equal to whites - so why are they discriminated against?



There are far more blacks in jail than there should be by proportion. Is that discrimination? Not really, other than unequal access to defense lawyers. They commit more crimes.



blacks do not commit more crimes than whites - think a little about what you're saying.
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and you seem unable to grasp the fact that blacks are equal to whites - so why are they discriminated against?



There are far more blacks in jail than there should be by proportion. Is that discrimination? Not really, other than unequal access to defense lawyers. They commit more crimes.



blacks do not commit more crimes than whites - think a little about what you're saying.



If you thought a little, it would be a first. Blacks in the US do commit more crimes than whites. Particularly murder. Some of this is driven, as I said, by economics, and a portion by relying on the public defender more often. But if you can explain another reason why black men are 7x more likely to be in jail than white men, have at it.

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It reminds me of when the Chief of the London Met. police quoted a statistic which said most crime commited was by young black males. Imagine the screeching and hollering as people ran for their outrage bus over this racist remark?

Racist my ass - it's a statistic. Perhaps the reasons for such a statistic have more to do with, as you say, economics and social issues. More black people in the UK and USA are in poverty than white, hence the reasons for commiting more crimes.

The question therefore lies with what are the reasons for more blacks being in poverty than whites?

That's where the real interest is.

'for it's Tommy this, an' Tommy that, an' "chuck 'im out, the brute!" But it's "saviour of 'is country" when the guns begin to shoot.'

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The question therefore lies with what are the reasons for more blacks being in poverty than whites?



well it's not because they're more stupid or criminal than whites so perhaps the answer lies in centuries of discrimination.
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Perhaps it does. But how would you know they're not less intelligent than whites, or more criminally inclined for that matter?

They're better boxers than white men. They're better sprinters. There's a lot of differences.

'for it's Tommy this, an' Tommy that, an' "chuck 'im out, the brute!" But it's "saviour of 'is country" when the guns begin to shoot.'

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Agree with your statements thus far, but to play devil's advocate:

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But if you can explain another reason why black men are 7x more likely to be in jail than white men, have at it.



Because a lot of white crime is less visible. I.e. not literally being carried out in the streets but in the privacy of their own homes and offices without witnesses or loud disturbances.
Paint me in a corner, but my color comes back.

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What?

So black people carry out obvious crimes and are therefore more easily caught, whilst white people carry out more covert crimes so are less likely to be caught, with the underlying insinuation that both white and black people carry out equal amounts of crime - only that the criminal acts differ a little; such as blacks carry out numerous street robberies, whilst whites carry out numerous office type robberies. . . .oh fucking hell - maybe you're on to something after all . . . .

'for it's Tommy this, an' Tommy that, an' "chuck 'im out, the brute!" But it's "saviour of 'is country" when the guns begin to shoot.'

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So black people carry out obvious crimes and are therefore more easily caught, whilst white people carry out more covert crimes so are less likely to be caught, with the underlying insinuation that both white and black people carry out equal amounts of crime - only that the criminal acts differ a little; such as blacks carry out numerous street robberies, whilst whites carry out numerous office type robberies. . . .oh fucking hell





Assuming that is true, it becomes a matter of which type of crime is a bigger issue/more affecting me? Would I rather be an investor of Madoff's or former employee of Kenneth Lay, or have a broken car window and a missing GPS system. I'll take the broken window and the pissed-off stomp to Costco to buy another GPS. Of course, there is the murder thing Jason mentioned...but serial killers are most often white and I would prefer to be shot in cold blood at point blank for my wallet than someone who will do a bunch of funny, torturous things to me before putting my mutilated body on display somewhere for all to see.
Paint me in a corner, but my color comes back.

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Agree with your statements thus far, but to play devil's advocate:



good for you :)


But it doesn't prove racism. If anything, it makes them really bad at choosing what crimes to commit. It makes it more of a socio-economic issue than skin tone. Crimminal opportunities are different per area. If you are in a poor neighborhood, you are not going to fleece a large number of investors out of billions.
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