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Old 02-05-2014, 12:17 PM
 
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How big do you think the U.S middle class would have been without these government programs?

There is a racial angle to this and that's why I put "white" in the title.




Government Policy Boost The Middle Class - YouTube
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Old 02-05-2014, 12:21 PM
 
Location: texas
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WWII created the "Middle class" all races prospered because all were needed for the war effort.
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Old 02-05-2014, 01:52 PM
 
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Quote:
Originally Posted by Chimuelojones View Post
WWII created the "Middle class" all races prospered because all were needed for the war effort.
Those FHA loans were denied to many Blacks. Those loans helped many whites in the suburbs to move into the middle class and build wealth.
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Old 02-05-2014, 04:52 PM
 
Location: San Antonio Texas
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Quote:
Originally Posted by Chimuelojones View Post
WWII created the "Middle class" all races prospered because all were needed for the war effort.
Not so. I read an eye-opening book called, "Are we Good Neighbors? by Alonso Perales written in the 1940s, which detailed many accounts of Mexican-American WW2 vets who were denied the ample veteran benefits like housing loans, education loans, business loans and the like. As a result of the rampant discrimination, Dr Hector P Garcia formed the American GI Forum in 1948, which was instrumental in lobbying for Mex american vets to get their fair share of the government handouts. Even if they did receive the benefits, they could not live in any place that they desired. This experience was played out by many minorities in the 1940s, 50s & 60s. Many were crowded into "ghettoes". That was one of the main reasons of the Detroit riot of 1943. Many did receive the benefits, but not without having to fight for them. Dr Hector P Garcia did more for us than Cesar Chavez ever did.
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Old 02-06-2014, 11:55 AM
 
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I'm curious to hear a libertarian/conservative take on how subsidies(which they are generally against) played a role in helping whites to become wealthier.


Quote:

Eventually, my parents bought a house, but they bought a house in the city. They couldn't get money to refinance that house.

My father still lives in the house that I grew up in. That house today, a five-bedroom house, is worth about $20,000. That same house bought in the suburbs would be worth today about $320,000.

So whites moving to the suburb were being subsidized in an accumulation of wealth, while blacks were being divested. As a result, there's a huge wealth differential between blacks and whites in this country that's largely associated with housing...


RACE - The Power of an Illusion . Background Readings | PBS

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