Activity


  • Citizenschallenge-v.3 replied to the topic CRT OMG in the forum Politics and Social Issues 3 years, 6 months ago

    @sabolina, could share a link?

    I looked up https://www.peoplespolicyproject.org, trawled around a little, found some sad facts, but didn’t stumble on the numbers you shared at #346503, which truth be told, don’t seem believable.  I put “SCF data by Matt Bruenig” and only found

    Without the Family Car Black Wealth Barely Exists
    Antonio Moore and Matt Bruenig September 30, 2017

    Lastly intra-race wealth disparities tell a far too often overlooked story. Wealth is not distributed unevenly just among whites. The data shows that the top 20% of black families control 95% of the little American black wealth that does exist. The interesting angle is to look at the wealth disparity within race without the family car. Without the family car the 99th percentile white family is worth $12 million.

    This means they are worth just fewer than 86 times as much as the median white family using the same accounting.

    But the telling narrative is to look at the intra-race black wealth disparity. Without the family car the 99th percentile black family is worth $1,574,000. This would make them worth 378 times as much as the median black family using the same accounting.

    Can you share your source, so we can look at the original?