- 23 Jun 2021 15:17
#15177903
So the USA is systematically racist.
Unemployment rates:
https://www.macrotrends.net/2621/black- ... yment-rate
"Employment fragility is at the center of racial disparities in wealth in the United States.1 Black and Latino communities, in particular, experience higher rates of unemployment and more frequent and longer periods of joblessness. Also, when employed, these groups experience serious wage disadvantages. As such, analyzing unemployment disparities by race and gender provides insight into the work that remains to be done to close the racial wealth gap.2"
http://globalpolicysolutions.org/resour ... ethnicity/
Incarceration rates:
"The problems with the prison system only continue when one looks at the obvious racial and gender disparities. For example, while black inmates make up nearly 40% of the prison population, they only make up 13.40% of the total US population. Native Americans represent 2.30% of the incarcerated population and only 1.30% of the population. 58.70% of the prison population is white, which includes Hispanic Americans. "
https://www.worldatlas.com/articles/inc ... e-u-s.html
Poverty rates:
"The figure shows that for Blacks, the poverty rate of 18.8% in 2019 was the lowest rate observed since poverty estimates were first produced for this group for 1959. The previous low for this group was 20.8% in 2018.
Poverty rates in 2019 were also the lowest ever observed for Hispanics (15.7%), compared to the prior low of 17.6% in 2018. Poverty statistics for Hispanics date back to 1972.
The Asian poverty rate of 7.3% was also the lowest on record.
The 2019 poverty rate of 7.3% for non-Hispanic Whites was not statistically different than the previous low (historically adjusted) of 7.2% in 2000 and 7.3% in 1973."
https://www.census.gov/library/stories/ ... -2019.html
Redlining:
"Redlining is a discriminatory practice that puts services (financial and otherwise) out of reach for residents of certain areas based on race or ethnicity. It can be seen in the systematic denial of mortgages, insurance, loans, and other financial services based on location (and that area’s default history) rather than on an individual’s qualifications and creditworthiness. Notably, the policy of redlining is felt the most by residents of minority neighborhoods. "
https://www.investopedia.com/terms/r/redlining.asp
"For decades, many banks in the U.S. denied mortgages to people, mostly people of color in urban areas, preventing them from buying a home in certain neighborhoods or getting a loan to renovate their house. The practice — once backed by the U.S. government — started in the 1930s and took place across the country. That includes in many of the nation's largest cities, such as Atlanta, Chicago, Detroit, Tampa and others with large minority populations. "
Redlining's legacy: Maps are gone, but the problem hasn't disappeared
By Khristopher J. Brooks
Updated on: June 12, 2020 / 8:25 AM / MoneyWatch
A 2008 video of Democratic presidential candidate Michael Bloomberg attributing the housing crash largely to "redlining" has thrust the term into the national conversation. Although redlining — a form of lending discrimination — has been outlawed for decades, its scars remain visible in many communities across the U.S., experts say. Read on to learn more about redlining and its impact.
What is redlining?
For decades, many banks in the U.S. denied mortgages to people, mostly people of color in urban areas, preventing them from buying a home in certain neighborhoods or getting a loan to renovate their house. The practice — once backed by the U.S. government — started in the 1930s and took place across the country. That includes in many of the nation's largest cities, such as Atlanta, Chicago, Detroit, Tampa and others with large minority populations.
As a result, banks and other mortgage lenders commonly rejected loans for creditworthy borrowers based strictly on their race or where they lived. As part of that practice, financial firms, real estate agents and other parties demarcated geographic areas that were effectively off limits for issuing loans.
"Scholars who study housing discrimination point to redlining as one factor behind the gulf in wealth between blacks and whites in the U.S. today. Black families have lost out on at least $212,000 in personal wealth over the last 40 years because their home was redlined, said real estate app Redfin. "
https://www.cbsnews.com/news/redlining- ... -comments/
"Majorities of both black and white Americans say black people are treated less fairly than whites in dealing with the police and by the criminal justice system as a whole. In a 2019 Center survey, 84% of black adults said that, in dealing with police, blacks are generally treated less fairly than whites; 63% of whites said the same. Similarly, 87% of blacks and 61% of whites said the U.S. criminal justice system treats black people less fairly."
https://www.pewresearch.org/fact-tank/2 ... n-the-u-s/
CRT is absolutely correct, the USA is systemically racist.
Unemployment rates:
https://www.macrotrends.net/2621/black- ... yment-rate
"Employment fragility is at the center of racial disparities in wealth in the United States.1 Black and Latino communities, in particular, experience higher rates of unemployment and more frequent and longer periods of joblessness. Also, when employed, these groups experience serious wage disadvantages. As such, analyzing unemployment disparities by race and gender provides insight into the work that remains to be done to close the racial wealth gap.2"
http://globalpolicysolutions.org/resour ... ethnicity/
Incarceration rates:
"The problems with the prison system only continue when one looks at the obvious racial and gender disparities. For example, while black inmates make up nearly 40% of the prison population, they only make up 13.40% of the total US population. Native Americans represent 2.30% of the incarcerated population and only 1.30% of the population. 58.70% of the prison population is white, which includes Hispanic Americans. "
https://www.worldatlas.com/articles/inc ... e-u-s.html
Poverty rates:
"The figure shows that for Blacks, the poverty rate of 18.8% in 2019 was the lowest rate observed since poverty estimates were first produced for this group for 1959. The previous low for this group was 20.8% in 2018.
Poverty rates in 2019 were also the lowest ever observed for Hispanics (15.7%), compared to the prior low of 17.6% in 2018. Poverty statistics for Hispanics date back to 1972.
The Asian poverty rate of 7.3% was also the lowest on record.
The 2019 poverty rate of 7.3% for non-Hispanic Whites was not statistically different than the previous low (historically adjusted) of 7.2% in 2000 and 7.3% in 1973."
https://www.census.gov/library/stories/ ... -2019.html
Redlining:
"Redlining is a discriminatory practice that puts services (financial and otherwise) out of reach for residents of certain areas based on race or ethnicity. It can be seen in the systematic denial of mortgages, insurance, loans, and other financial services based on location (and that area’s default history) rather than on an individual’s qualifications and creditworthiness. Notably, the policy of redlining is felt the most by residents of minority neighborhoods. "
https://www.investopedia.com/terms/r/redlining.asp
"For decades, many banks in the U.S. denied mortgages to people, mostly people of color in urban areas, preventing them from buying a home in certain neighborhoods or getting a loan to renovate their house. The practice — once backed by the U.S. government — started in the 1930s and took place across the country. That includes in many of the nation's largest cities, such as Atlanta, Chicago, Detroit, Tampa and others with large minority populations. "
Redlining's legacy: Maps are gone, but the problem hasn't disappeared
By Khristopher J. Brooks
Updated on: June 12, 2020 / 8:25 AM / MoneyWatch
A 2008 video of Democratic presidential candidate Michael Bloomberg attributing the housing crash largely to "redlining" has thrust the term into the national conversation. Although redlining — a form of lending discrimination — has been outlawed for decades, its scars remain visible in many communities across the U.S., experts say. Read on to learn more about redlining and its impact.
What is redlining?
For decades, many banks in the U.S. denied mortgages to people, mostly people of color in urban areas, preventing them from buying a home in certain neighborhoods or getting a loan to renovate their house. The practice — once backed by the U.S. government — started in the 1930s and took place across the country. That includes in many of the nation's largest cities, such as Atlanta, Chicago, Detroit, Tampa and others with large minority populations.
As a result, banks and other mortgage lenders commonly rejected loans for creditworthy borrowers based strictly on their race or where they lived. As part of that practice, financial firms, real estate agents and other parties demarcated geographic areas that were effectively off limits for issuing loans.
"Scholars who study housing discrimination point to redlining as one factor behind the gulf in wealth between blacks and whites in the U.S. today. Black families have lost out on at least $212,000 in personal wealth over the last 40 years because their home was redlined, said real estate app Redfin. "
https://www.cbsnews.com/news/redlining- ... -comments/
"Majorities of both black and white Americans say black people are treated less fairly than whites in dealing with the police and by the criminal justice system as a whole. In a 2019 Center survey, 84% of black adults said that, in dealing with police, blacks are generally treated less fairly than whites; 63% of whites said the same. Similarly, 87% of blacks and 61% of whites said the U.S. criminal justice system treats black people less fairly."
https://www.pewresearch.org/fact-tank/2 ... n-the-u-s/
CRT is absolutely correct, the USA is systemically racist.