
Fact: The median net worth of White families is 20 times that of Black families.
http://www.washingtonpost.com/business/economy/wealth-gap-widens-between-whites-minorities-report-says/2011/07/25/gIQAjeftZI_story.htmlThis is due to socio-hist
orically produced structural impediment
s deliberate
ly meant to limit Black wealth generation
/accumulat
ion for themselves
, but to increase that of Whites. That went on for a couple of centuries and continues to effect the relative and absolute level of resources children are able to draw from and/or inherit as they access competitiv
e opportunit
ies, including access to the best schools and all that brings. It also continues to effect the circumstan
ces in which their daily lives are lived and how they adapt to them.
The wealth gap has been shown to be the primary causal variable that explains the gaps between Blacks and Whites (and Asians) in all relevant socio-econ
omic (including educationa
l) domains - an inconvenie
nt truth that racists refuse to admit or find all forms of clever arguments to justify, minimize the importance of, and/or change the subject away from.
A great example of this are comments about the "unfairnes
s" of "black guys" dominating basketball and the "need" for affirmativ
e action to integrate it. That argument is then deviously equated with the "need" for affirmativ
e action to diversify society's opportunit
y structure (e.g., college) to help address the wealth gap and what was deliberate
ly withheld from Blacks for so long, which still structures society...
(cont'd)
Read the Article at HuffingtonPost
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