Yes it is. The majority of white millionaires are self-made. No inheritance, no loans, all new money.
Anti-245 posted...
For example, whites were able to generate wealth during the new deal with their houses and passing it down over generations. Blacks didn't have that privledge.
The majority of white people didn't have that privilege either.
Anti-245 posted...
Which Asians are you talking about btw? What about Indians as well?
Whites are not the ones with the largest incomes and the rate of increase in white wealth has slowed down considerably. The disparities between black and Jew and black and Asian and black and Indian are larger than between black and white.
So you ignore the reality of the well documented intergenerational transmission of inequality enacted through policies by the state and Federal government to go..."nuh uh"?
He said income is the only thing matters. Don't waste your time. ---