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Should the salaries of low paying jobs increased twice as much and keep the blacks and Hispanics on their current jobs -OR- bring more blacks and Hispanics to high paying administrative jobs regardless of whatever qualifications they have - OR - leave it as it - which may not be a perfect but to a great extent, it's open to all - YOU EXCEL in academics, develop technical and/or administrative skills, work towards building a career and try for high paying jobs regardless of your skin color?
Put Asians in that graph and see what I am talking about?
IMO, the graph is meaningless unless it incorporates education, experience, credit scores, licensure, etc.; all the things that have meaning in earning potential!
Looks like someone doesn't understand the difference between Wealth and Income.
No, it doesn't. The chart merely shows that two parent white families tend to own their own homes, rather than rent. Home-ownership requires a proven track record of financial responsibility, which is reflected through a Credit Report. Even when credit sores are sufficient, high debt-to-income ratios function as a bar to home-ownership.
It's a matter of culture and life-style, not institutional racism.
Its institutional racism that puts up barriers to home ownership- and I don't think you can argue that hispanics culturally don't want to buy their own home.
Its a chicken or the egg thing- low wages are a barrier to home ownership, not culture and life style--
(if we could find a study that measures home ownership by wages and salary made, now that would be interesting )...
Wealth is in your house. Guess who lost their houses/wealth when the government run bubble collapsed? It wasn't whites who lost all their wealth.
Institutional and government run. Dog bites man, what else is new?
I think Betsy Devos has no respect at all for public education. Its the fox guarding the hen house.
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