White women earn less that black women

[DSTCHAOS]

Originally posted by Rudey
Monet, your income and spending habits are both important aspects of the equation.

If the incomes are higher for whites in family units and the spending is higher, then what?

-Rudey

Then it all balances out and results in the same thing...overspending and an inability to accumulate wealth and have a safety net in times of economic downturn.

$100,000K income + $99,000K spending = living from paycheck to paycheck

$12,000 income + $11,500 spending = living from paycheck to paycheck


The difference is that whites disproportionately have intergenerational mobility and the passing down of wealth. Whites are also more likely to have family members and friends with money or networks who can increase their profit margin.

So, you are right that there IS a difference. However, talking about black spending as an explanation for the findings of certain studies is a cop-out.