- Mar 11, 2015
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Due to the cumulative effects of past and modern racist policies, whites control a disproportionate amount of wealth in this country. Hard work, focusing on education, having children when you are married, merit, and everything whites here have ran their mouths about don't have a damn thing to do with this.
"Looking at the population as a whole, White households hold 86.8 percent of overall wealth in the country according to the 2019 SCF, though they account for only 68.1 percent of the households in the survey. By comparison, Black and Hispanic households hold only 2.9 and 2.8 percent of wealth, respectively, while accounting for 15.6 percent and 10.9 percent of the US population respectively, reflecting the fact that wealth is disproportionately skewed towards White households."
Just remember that for over 50 years the government subsidized white women who had chidren out of wedlock.
"Looking at the population as a whole, White households hold 86.8 percent of overall wealth in the country according to the 2019 SCF, though they account for only 68.1 percent of the households in the survey. By comparison, Black and Hispanic households hold only 2.9 and 2.8 percent of wealth, respectively, while accounting for 15.6 percent and 10.9 percent of the US population respectively, reflecting the fact that wealth is disproportionately skewed towards White households."
![www.federalreserve.gov](https://www.federalreserve.gov/images/social-media/social-default-image-opengraph.jpg)
Wealth Inequality and the Racial Wealth Gap
The Federal Reserve Board of Governors in Washington DC.
www.federalreserve.gov
Just remember that for over 50 years the government subsidized white women who had chidren out of wedlock.