Sam Lowry said:
Edmond Bear said:
Sam Lowry said:
fadskier said:
Sam Lowry said:
Redlining and credit discrimination are two examples, in addition to the mass incarceration we discussed on another thread.
Credit discrimination?
Redlining?
Can you explain those?
When are we mass incarcerating people? White cops are round up black en mass and putting them into prisons? I had not heard that.
Black neighborhoods became increasingly segregated and impoverished throughout the 20th century because blacks were denied access to mortgages and loans. This in turn reduced investment and destroyed job opportunities. The idea of a black ghetto became a self-fulfilling prophecy. "Mass incarceration" refers to the overall effect of the drug war. It doesn't necessarily mean that police sweep through neighborhoods rounding up prisoners en masse. However, that does happen more often than you'd guess.
https://www.theatlantic.com/magazine/archive/2014/06/the-case-for-reparations/361631/
https://www.thenation.com/article/new-jim-crow/
Recent legal immigrants also live in the poor neighborhoods with reduced investment and reduced job opportunities. But, second generation immigrants make way more money than their parents, graduate college at much higher rates, are much more likely to own homes, and far less likely to be in poverty.
http://www.pewsocialtrends.org/2013/02/07/second-generation-americans/
Why do immigrants from the same housing situation improve in as little as 20 years but the same does not happen for blacks in the same areas who are born here?
I think there are a number of reasons. Blacks are still much more vulnerable to predatory lending, which affects not only their own credit worthiness but also that of their families, friends, and acquaintances. Credit ratings may be technically color blind, but the factors that go into credit algorithms have already been skewed by decades of discrimination. In this way old injustices are perpetuated. Like all catastrophes, the sexual revolution has done the most damage to those who were poorest and most vulnerable to begin with. Illegitimacy and promiscuity lead to even more poverty and violence. So the cycle continues.
Hi Sam, thank you for a reasoned discussion. I appreciate your willingness to offer different ideas and have a conversation.
My response on credit worthiness would be to note that the same thing happens in immigrant neighborhoods. Recent immigrants are exposed to the same level of predatory lending as blacks.
I do think you hit it correctly when you noted that illegitimacy and promiscuity are the cause. The highest correlating factor to poverty is not education spending, rate of minimum wage, welfare spending, or even the unemployment rate.
The single highest predictor of poverty is families led by a single mom. And, this is true across all races.
Link to StudyIMO, the problem is not race. It doesn't matter which race is making babies without the continual presence of a father in the household. The problem is culture.