| JuliusHackebeil said: Inherited wealth is mostly spent after one or two generations, not amassed to form a big pile of gold that some people just lucked out of because of their race. Wealth, spending habbits, the economy are all more complicated than Mario Kart. |
I disagree here. Nobody get's super rich with their own work. That only happens by using the work of others. And that you do by investing. The capital for that comes from - the previous generation. People on the top generally look back on multiple generations.
Sure, not every family that was once rich is rich now. But very few that were poor in the past are rich now. Accumulating wealth is a long process.
| JuliusHackebeil said: And very few white people were wealthy to begin with. Just 70, 80 years ago most lived in conditions far worse than any person in the USA today, irrespective of skin colour. |
And that is true. And a thing often forgotten. That most of the superrich are white doesn't mean the majority of white people are rich. So good policies should help people in need regardless of skin color or other attributes. As more people of color are in need such programs would help minorities more - but it wouldn't exclude working class white people.
