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Young Americans' wealth has soared since the pandemic
(www.axios.com)
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this post was submitted on 29 Apr 2024
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I think you misunderstood.
I'm not talking about home ownership increasing, I'm talking about the amount of kids decreasing.
Like, say there's a pizza, if it's just you, that's more pizza than you should eat. If you have to share it with 9 people, there's not enough for anyone.
Because the price of homes drastically increased, and number of kids keeps declining, that means there's more "pizza" and less people to share it with.
Even without homeownership, less kids still leads to a larger inheritance per child.
Maybe so, but that still mostly only applies to white people. A larger inheritance per child doesn't matter if the inheritance is a paltry sum. Or no inheritance at all.
Do...
Do you think no poor white people exist?
Have you ever heard of West Virginia, or Kentucky?
That's not even getting into poor white people living in cities.
Shit, look at the republican voter base, it's mainly poor white people. Just because some have money, doesn't mean it "trickles down" to other people for having the same amounts of melanin in their skin...
Are you really unaware of the generational wealth gap?
https://www.americanprogress.org/article/eliminating-black-white-wealth-gap-generational-challenge/
You're making it this: Black vs white
I'm saying it's: rich vs poor
Maybe you need to brush up on your LBJ history:
Keep in mind, he was talking about what republicans were/are doing, not saying it as something we should do.
It's decades later, and you're still carrying that water pail for republicans and dividing Americans by race instead of wealth.
And I bet you wonder why it's not working...
Please read the article I pasted and get back to me.
Bruh, in the last hour you haven't went more than 3 minutes without making a comment...
And you seem to argue with every single person, while they try to explain how you're missing the point.
Maybe you should slow down and type less? I think you'd understand more.
But I'm not going to hang out to find out
Got it. You're not going to read the article. Well, I'll just leave this here for you:
Looking forward to you avoiding those inconvenient truths in favor of more personal attacks.
Corporations are eating the extra pizza tho. I told mom but she says she can't do anything about it.