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Hissyspit (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 12:20 AM Original message |
Weath Gap Widens Between Whites, Minorities |
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AnneD (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 12:57 AM Response to Original message |
1. Which group of whites are they talking about.... |
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ChrisBorg (411 posts) Send PM | Profile | Ignore | Tue Jul-26-11 01:52 AM Response to Reply #1 |
2. Newly poor whites keep their property wealth. |
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noiretextatique (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 03:14 PM Original message |
stats are based on median income |
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noiretextatique (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 03:14 PM Response to Reply #1 |
41. stats are based on median income |
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Downwinder (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 02:13 AM Response to Original message |
3. If you are basing it on property values, they are pretty fluid around here. |
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tanyev (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 07:09 AM Response to Original message |
4. GOP: Mission Accomplished |
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Township75 (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 07:34 AM Response to Original message |
5. Well, Obama is doing much better, and GWB is not. |
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alp227 (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Original message |
6. Wealth gap widens between whites, minorities, report says |
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Proletariatprincess (527 posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #6 |
7. I knew it was bad but... |
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Yupster (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 06:21 AM Response to Reply #7 |
56. I had the same reaction princess |
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dkf (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #6 |
8. A median net worth of $5600 and $6300? |
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rucky (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #8 |
16. Their home equity was their retirement account. n/t |
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boppers (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #8 |
17. "retirement accounts"? You're funny. Or incredibly insulting. |
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Number23 (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #6 |
9. But it's not race, it's CLASSOne!one1!1 |
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MellowDem (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:42 PM Response to Reply #9 |
34. Actually, it is economics... |
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Number23 (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 11:02 PM Response to Reply #34 |
35. It is RACE. |
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noiretextatique (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 03:23 PM Response to Reply #35 |
42. actually...it is both RACE and CLASS |
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Number23 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 06:32 PM Response to Reply #42 |
46. Nice to see you too! |
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MellowDem (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 06:02 PM Response to Reply #35 |
45. What an odd response... |
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indurancevile (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 11:40 PM Response to Reply #34 |
47. blacks were targeted by the bush admin during the real estate bubble. |
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MellowDem (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 08:10 PM Response to Reply #47 |
58. The most vulnerable and least informed were targeted... |
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indurancevile (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 01:14 AM Response to Reply #58 |
59. bush made a speech about it. how they were going to increase the rate of black |
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Mimosa (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #6 |
10. This explains a LOT. |
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melm00se (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #6 |
11. how do you fix that? n/t |
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CreekDog (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #11 |
12. redistribution of wealth --all the good countries are already doing it |
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melm00se (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #12 |
14. redistribution of wealth |
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CreekDog (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #14 |
15. why does it work in other countries? |
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boppers (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #15 |
18. Well, there's Somalia. |
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Igel (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 12:55 PM Response to Reply #15 |
25. Oddly, it doesn't. |
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CreekDog (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 02:01 PM Response to Reply #25 |
29. it does work in wealthy nations with the highest standards of living |
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joeglow3 (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 08:43 AM Response to Reply #29 |
37. Those countries are rather homogeneous |
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CreekDog (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 02:53 PM Response to Reply #37 |
38. Germany is not all that homogenous |
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indurancevile (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 11:50 PM Response to Reply #25 |
49. respectfully, that is pernicious crap. a pseudo-correlation posing as cause & effect. |
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CreekDog (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 06:23 AM Response to Reply #14 |
36. i think it's pointless to argue with someone who thinks Social Security is insolvent |
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indurancevile (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 11:43 PM Response to Reply #14 |
48. oh baloney. the few periods in which there was "redistribution of wealth" in the us it worked just |
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hack89 (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #12 |
20. How exactly do you redistribute wealth? |
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No Elephants (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #20 |
21. Taxation and spending. The U.S. redistributes wealth all the time. |
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Igel (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 12:58 PM Response to Reply #20 |
26. They don't need to. |
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hack89 (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 01:18 PM Response to Reply #26 |
28. 1 in 200 Swedes are millionaires |
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CreekDog (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 04:40 PM Response to Reply #20 |
32. yes like those countries do it |
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Igel (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 12:49 PM Response to Reply #11 |
23. Short term, you don't. |
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noiretextatique (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 03:36 PM Original message |
the current problems with african-americans are also generational |
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noiretextatique (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 03:36 PM Response to Reply #23 |
43. the current problems with african-americans are also generational |
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millych3 (26 posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #6 |
13. This is terrible news indeed |
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lunatica (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:52 AM Response to Reply #6 |
19. These statistics are shameful |
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daleo (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 12:51 AM Response to Reply #6 |
53. It sounds like a race to the bottom |
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bemildred (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 11:00 AM Response to Original message |
22. How about just "Wealth gap Widens"? |
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karynnj (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 01:18 PM Response to Reply #22 |
27. Here is the paragraph that provides numbers for what you said |
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noiretextatique (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 03:43 PM Response to Reply #27 |
44. bingo! race is still an issue |
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indurancevile (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 02:06 AM Response to Reply #27 |
55. that is interesting that the threshhold for the top 10% dropped while the total concentration |
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karynnj (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 12:53 PM Response to Original message |
24. I am shocked that the medians are so far apart |
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TexDevilDog (102 posts) Send PM | Profile | Ignore | Tue Jul-26-11 02:22 PM Response to Original message |
30. Why are Asians doing so well versus other minorities? |
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butterfly77 (1000+ posts) Send PM | Profile | Ignore | Tue Jul-26-11 02:49 PM Response to Reply #30 |
31. Because they are white? |
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TexDevilDog (102 posts) Send PM | Profile | Ignore | Tue Jul-26-11 08:06 PM Response to Reply #31 |
33. Oh, I forgot skin color determines economic ability |
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noiretextatique (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 03:04 PM Response to Reply #33 |
40. yes...according to the statistics |
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Starbucks Anarchist (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 03:01 PM Response to Reply #31 |
39. Since when? |
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indurancevile (1000+ posts) Send PM | Profile | Ignore | Wed Jul-27-11 11:56 PM Response to Reply #30 |
50. Because they immigrated with more capital to begin with. Same reason Caribbean blacks |
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U4ikLefty (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 12:29 AM Response to Reply #50 |
51. BINGO!!! |
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Starry Messenger (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 01:42 AM Response to Reply #50 |
60. +1 |
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indurancevile (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 02:35 AM Response to Reply #60 |
61. yes. not to mention 300 years of institutionalized discrimination a/o outright |
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LeftyMom (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 02:01 AM Response to Reply #30 |
54. Which Asians? |
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Downwinder (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 12:42 AM Response to Original message |
52. As usual I'm bucking the trend. I've pretty well stabilized at zero assets. |
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entanglement (1000+ posts) Send PM | Profile | Ignore | Thu Jul-28-11 01:22 PM Response to Original message |
57. I knew there was a gap but this is a freaking CHASM. |
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DeadEyeDyck (1000+ posts) Send PM | Profile | Ignore | Fri Jul-29-11 03:27 AM Response to Original message |
62. Being exactly half and half |
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