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amazing to me with wealth inequality people don’t do the most basic calculations to do a fair comparison between racial groups or any other group. A 22 year ol
by ffggvv 5y ago
amazing to me with wealth inequality people don’t do the most basic calculations to do a fair comparison between racial groups or any other group.
A 22 year old with 10k saved but making 200k a year at google is a lot better off than a 80 year old who has 200k saved thats living off social security, despite have 1/20th of the wealth.
the median age of whites is 50 percent higher than that of black people so they should have 15 more years of savings accrued in their net worth
https://www.pewresearch.org/fact-tank/2019/07/30/most-common-age-among-us-racial-ethnic-groups/ https://www.pewresearch.org/fact-tank/2019/07/30/most-common...
- x86_64Ubuntu 5y agoSo your argument is that we need to compare 80 year old whites to 80 year old blacks, both of which reached adulthood in the Jim Crow era?
- ffggvv 5y agohow about 20 year old blacks versus 20 year old whites instead of 20 year old blacks versus 50 year old whites
- jiscariot 5y agoIn addition to the difference in median ages, I'd like to see someone control for household make up (one vs. two parent households) as there are significant differences between racial groups. Both of these seem like a no-brainer if we want to better understand the sources of wealth inequality, rather than painting with a broad brush.