Visualizing America's Rampant Racial Wealth Inequality

Tyler Durden's picture

Even though the United States is on course to become "majority minority" by 2044, Statista's Niall McCarthy notes that the country still has a huge and growing racial wealth gap.

A new study by Prosperity Now and the Institute for Policy Studies has found that white households in the middle-income quintile own nearly eight times as much wealth as middle-income black earners and ten times as much as middle-income latino earners.

The infographic below shows the scale of America's racial wealth divide.

Infographic: Racial Wealth Inequality Is Rampant In The U.S.  | Statista

You will find more statistics at Statista

Last year, the same research claimed that if current trends continue, it will take 228 years for the average black family to reach the same level of wealth white families have today. For latino families, it would take 84 years.

Since 1983, black and latino families have seen their real wealth fall considerably from $6,800 and $4,000 to just $1,700 and $2,000 respectively in 2013. Even though white households took a hit during the financial crisis, they still boasted a median wealth of $116,800 in 2013.

The research projects that the gap will widen even further in the years ahead with black household wealth declining 30 percent from today by 2024. The median latino household will see their wealth fall 20 percent while white households will experience a five percent increase by that point.

In addition, while policy-makers are crowing about the fact that aggregate American real incomes are finaly back above 1989 levels, the truth is slightly more awkward... It's all the 1%...

 

And male real incomes remain below 1973 levels...

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tmosley's picture

>Niggers and Mexicans don't save their money so they have less wealth

I'm shocked.

ThirdWorldNut's picture

When SHTF the public will be made to go after top 10%, not the 0.01% but the top 10%. Mark my words for I have noticed numerous such attempts to bundle mostly tax paying honest individuals along with the blood sucking leeches that the top 0.01% are. The other 9.99% would be thrown under the bus to protect tha 0.01% while fooling masses into believing that the swamp has been drained.

knukles's picture

Oh my oh my, this thread is gonna be something else to read in a couple hours.

JohnG's picture

Overlay that graph with home ownership rates to see why....

overbet's picture

They live/spend just like .gov. If youre a saver, you better be hiding those savings. 

Paul Kersey's picture

30% of America's 100 richest people are Jewish. Approximately 2.2% of America's adult population is Jewish. What are the odds, right?

Blue Dog's picture

Yes, it's terrible that the Jews believe in education and hard work. Most of the German Nobel Price winners were Jewish.

Paul Kersey's picture

"Most of the German Nobel Price winners were Jewish."

 

"Price winners", was that a Fraudian slip?  

Fraudian slip:  "an unintentional error regarded as revealing subconscious feelings."

Ballin D's picture

did you really google "Fraudian slip" to get the definition for "Freudian slip" and not bother to correct the spelling?  Or are you making a joke Im too dense to get?

Paul Kersey's picture

I think you got the joke.

sincerely_yours's picture

He'd have got it sooner if he had knows Jews = FAKE Hebrews/Impostors/FRAUDs. http://wp.me/p4OZ4v-2

thecondor's picture

Jews don't consider themselves "white", they see themselves as the Jewish Race.  Hitler said they are at home both nowhere and everywhere, who do not have anywhere a soil on which they have grown up, but lives in Berlin today, Brussels tomorrow, Paris the day after that and then again in Prague or Vienna or London and who feel at home everywhere.    

Haitian Snackout's picture

Ever seen a photo of any of the top Nazis? 

Caloot's picture

Given that Jews have a higher average iq than Europeans, the odds are in their favor.

Paul Kersey's picture

Ashkenazic Jews have higher IQs, but Mizrahi and Sephardic Jews do not. Additionally, it is their verbal scores that skew their overall IQ test scores higher, but, when it comes visuo-spatial reasoning scores, their scores are average at best. Their higher IQ scores are peobably a matter of self-selection rather than natural selection.

Caloot's picture

Yes you are absolutly correct, however they are what constitute eastern european jews, which I would suggest make them the folks most people consider so influential in finance.   Likewise they make up a quarter of the Isreali.  Whatever one would use to contribute to the fact that they have on average a higher IQ, they do.  And as to natural selection vs domestication;, sure they are smart enough to breed for intelligence.  And that the smartest IQ tend to naturally dominate lower iq people seems pretty obvious.   And no, I'm not Jewish, but of Italian descent, which is of higher IQ than most of Europe.  Which might explain Roman domination as well as the seat of European Renaissance.  Science is really awesome in dealing with reality.  And yes. It's sucks being out smarted.  Btw... North Koreans have on average a very high IQ. Just saying.

caconhma's picture

I did not know that Dr. Wernher von Braun and his team were Jews? I thought they were NAZI. They have opened the Space to the mankind and none of them got a Nobel Prize. Why?  After the WW II, Nobel Prizes were/are reserved for people like gangsters and terrorists like Begin, Kissinger, Gore, Obama, etc.

As for "Nobel Prizes" in economics, they are not genuine Nobel Prizes. "Nobel Prizes" in economics are distributed by Central Bankers who are exclusively Jews and these prizes are given exclusively to the members of the same tribe.

I am a Physicist and a rocket engineer. I can speak for my own field Physics: nothing of big value has been done in the last 40 years. We were told about breakthroughs regarding to the Universe zillions years ago. It is all lies. Nobody really knows what they are talking about.

Finally, I have met very good, talented, and honest Jews but they are exceptions. The majority very dishonest, greedy, and filthy people without any moral compass. They are very good lying and taking credit for somebody else achievements. Thanks to these people, science became a fraud! This cancer has spred to all parts of the US society and it will kill the patient.

PS

Be aware of Asians. They are not very creative yet but they are making great progress.

 

Folkvar's picture

Only the Jews say that. There's no truth in it.

Caloot's picture

Just cause you say that doesn't make it true.   A quick two second Google can pull this sht up. How annoying. Go look up afrcan iq, I'm sure it will make you feel superior again.

gatorengineer's picture

This list says 40 percent are jews... Now count the crypto jews on the list and its way over 50 percent

 

http://semiticcontroversies.blogspot.com/2015/02/2014s-forbes-rich-list-...

auricle's picture

Might this reflect the aspirations of these groups.

Canoe Driver's picture

At least these are plausible IQ numbers. Ask Americans what their IQ is and the average reply will be over 130.

Ballin D's picture

people are full of shit from those facebook surveys but your social group has a lot to do with it too.  The average IQ for people entering college is above 100 for just about any major.  By the time you graduate, get a real job, and keep that job, you're looking at an even stronger sample.  the idiots you associate with are probably in the ballpark of 100.

theres a whole world of morons out there that you dont even know about who are dumber than you can imagine humans being.

IH8OBAMA's picture

According to that website, Black and Muslim nations are the dumbest.  Makes sense.

Lost My Shorts's picture

You have to admit that past discrimination plays some role.  The golden age of wealth accumulation for the working class and middle class in the US was 1945 to 1975, when real estate was still cheap.  At that time, blacks were still subject to red-lining and race-based predation by the banks, so they couldn't get on the real estate ladder as easily as whites.  I would bet if you could trace the wealth of the median white family back in time, it would often trace to capital gains on a house bought by their parents or grandparents.  As for hispanics, most of them would have been either farm workers or not in the US yet during the golden age.

Currently, no segment of the working class or middle class is accumulating wealth overall.

ZD1's picture

Good to be Asian or Caucasian. 

 

JibjeResearch's picture

You fool...; they are Asians or CaucAsians :)

Theta_Burn's picture

Can we overlay results when the riots come to town?

Some exponential wealth generation that would have bitcoiners joining BLM in droves..

True Blue's picture

The Bell Curve. There is also a talent gap, a productivity gap, and an IQ gap -bet all those charts would have an eerie similarity.

ZD1's picture

Why aren't Asians mentioned in this discussion? Are they considered Caucasian now?

On the left coast, it seems that most Asians have middle to upper incomes and live in more affluent areas. 

vollderlerby's picture

Asians study hard, work hard and don't submit to the victim culture.  Nothing to see here.

vollderlerby's picture

What's the ETA for the first Adolf reference, haha.

Umh's picture

In zero seconds at 3:26 PM

vollderlerby's picture

Wrong.  First Hitler comment came in at Sep 17, 2017 4:50 PM.  1 hour and 14 minute after I asked the question.

UndergroundPost's picture

You're such a dumbass sometimes Mosley

overbet's picture

For speaking the truth? I think he is spot on although, its not limited to those demographics. It's the entitled free shit mentality. They spend what they earn without a thought about the future. 

Utopia Planitia's picture

His comment is a political slogan that is highly oversimplified.  It is nothing more.  It is more informative to look at WHY people end up in that circumstance.  And that is indeed because they have bought into the FSA. (Free Scat Army)  The Progressives have PROMISED them that they will be TAKEN CARE OF, no matter what.  No matter that it is simply not possible to do so.  If the progs were serious (and honest) about what they promise they would be doing that with their own money and their own efforts.  But instead they promise YOUR money and hard work to pretend to make it so.  If that is not slavery I do not know what is. "I hereby promise everything produced by that person over there - who I pretend to hate - to YOU, my beloved subjects!!!  They have STOLEN everything they have from you (even though you do nothing but sit around on your lazy ass and made no attempt to better yourself)."  So why should those people make any attempt?  It is far easier to just whine and complain that they are OWED more and more. A very sad sitation.

38BWD22's picture

20 years ago (more?) I heard that ASIANS earned more on average than whites.

NO ONE can tell me that you cannot get ahead in America if you work hard, save, and behave yourself.

38BWD22's picture

12 days moar until 5 years.

:)

knukles's picture

The best ride of our lives!
Congratulations. 
Keep on Trudging!

nevertheless's picture

It's pronounced "ass-hole"

Haitian Snackout's picture

Well Central Americans tend to save their extra money in land and livestock. so it might not be a fair comparison. If one looks at a historical currency chart it will make more sense.

mike_king's picture

Hindus and Jews have more than whites. Let's get busy.

drendebe10's picture

Hey all u AA who votedfor the illegal Indonesian kenyan alien muslim fudgepacker imbecile.  How did that work out for ur financial well being?  Ya buncha fukn stupes.

"Iam the democrap party's worst nightmare. A thinking black man."  Charles Ramsey. Author Dead Give Away

IronShield's picture

Dats raycisss...