Black families have only 25 cents for every dollar that White families have. Hurdles like redlining hinder them from building wealth.
Williams’ new Louis Vuitton bag and the struggle of Black Americans
I almost want them to get reparations so everyone can see how they can spend it all on jewelry, wigs, shoes, bags and weedRelatively, conservatives are stating that they actually prefer that Black Americans should receive their reparations. However, the comment is ironic as the same user states that they would like to see them spending it all on designer bags, jewelry and other luxurious items. Furthermore, others state that they will begin investing in Adidas and Nike if this happens.
do you or do you not think that black people are more likely to spend their money on depreciating luxury items than other racesLiberals are fighting back this claim by stating that there are plenty of Black millionaires around in America. According to , there are about 22 million millionaires in America. Furthermore, 8% out of that number are Black people. However, the opinion of Black individuals spending their money on non-investment items is still strong among conservatives.
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