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Whites are usually getting more money than blacks. Why is that?

2006-07-30 13:08:09 · 12 answers · asked by lil.nicky_54 1 in Business & Finance Personal Finance

12 answers

There are more white people then there are back. As far as why does it seem like some white people have more money then blacks is not true. Example: Bill Cosby and Oprah.
The white rich get more publicity so you see a lot of them.
Yes some whites are the richest people in the world but they came out with the right product at the right time (Microsoft) or they inherited a thriving business (Donald Trump).
A lot of blacks will not do what it takes to get rich. All they want is a job. You don't get rich form a job. You have to sell something.

2006-07-30 14:19:19 · answer #1 · answered by Angelo 2 · 1 0

1. Racism.

No matter what white people, and a lot of other races tell you, they still have an inner racist. This will hinder any success to minorities in business and professional services. Asians/Pacific Islanders might get a nice position and salary, but people have no idea how much harder they had to work...much much harder than white people. When there were discrimination (Rosa Parks...bus thing), they separated the areas of blacks and whites. It makes it even harder to leave.

2. Area.

The area that white people live in are usually good areas. That way, the value of their house increases rapidly, allowing them to refinance their house and use the "cash out" to purchase another home, or possibly start a nice business. When the first "minority" moves in, white people stop buying houses there. Later, the next house for sale will slowly be reduced to a lower price. Then, another minority moves in. After then, the value of the houses in that area will gradually reduce to a much affordable price that black people that wish to move out of the "ghettos" are able to purchase. That is when the white people will sell their house to move to another neighborhood. Those houses will be kept affordable and will become another ghetto. This will hinder success in investments for blacks.

3. Stereotype.

Employers think that black and mexican (not hispanic) employees will "slack off", even though its most likely that they won't. Therefore, the employers would not invest in that employee by giving them a raise, thinking that they might fire them in the future.

4. Mindset.

Black people keep the mindset that they will not succeed, since the statistics say that. Even though the truth is, they can do what anyone can as long as they try, they still believe that it can't be done. As a matter of fact, there are some black people that are very very very rich! But they still keep that type of thinking. Actually, most universities now allow minorities, except asians and some pacific islanders (mainly filipinos), to get a higher education for full scholarships simply because of the quota they need so they won't be judged as racists.

5. Curse.

This might sound religious but think about it, when someone tells someone or oneself that they are stupid and will never achieve anything, they don't achieve anything. Black and hispanic people should tell themselves that they are intelligent, over-achieving people.

There's actually a lot more reasons but it will take a long time and my fingers are starting to hurt. I still need more points so I need to answer something else.

2006-07-30 13:36:51 · answer #2 · answered by JDB 4 · 0 0

This is an irrational question and way too general.

Specifically, where when, and how?

Are we talking about minimum wage jobs, hourly, professional?

Or are we talking white vs black bank robbers?

Or maybe white vs black prostitutes?

We aren't mind readers here. What is it you want to know.

In my younger years I've worked alongside some black people who were very hard workers, responsible, with attention to detail.

But more often than not, they had an attitude, spent more time figuring out how "not" to work, than actually working. They often get a kick out of getting one over on whitey. They live in their own little world, and expect something for nothing.

Many are irrational, like you, because they don't have the vocabulary even to explain their own feelings. Many are felons. Many didn't graduate from High School. Many would rather be "cool," or "tough."

If you were in prison with the bottom of the barrel of all races, you would see why that is. They give themselves a stigma, we don't.

2006-07-30 13:21:40 · answer #3 · answered by Anonymous · 0 0

Thats preposterous!!!

As for whites and blacks, what do you mean whites get more of the money? What money? Are you talking about earned money? If so, you should be asking why more whites are working for a living? If you are talking about welfare or other gramt money- it is black people. You need to study some stats and quit with your ignorant questions that are inaccurate.

I am sure my answer will be viewed as racist, but thats only true if you are ignorant and cant see the truth and facts in what I said. Look up the numbers before you go and call me names please! By ignorant, I mean uninformed ( I am not calling you stupid).

The facts are, more white people have jobs than black people. It is true because there are more white people (in this country) than black people, so its about percentages, not race in general.

BUT I will say I am sick of hearing about all the benefits a white person has in this country, when first of all- those benefits are earned and fought for. Those same benefits are available to everyone not just white people. On the other hand, if any organization ever decided to have a "white scholorship" program or anything that was for "whites only" they would be sued or put under. There are an abundance of racially discriminitive benefits available to everyone as long as you are NOT white!

If you are talking about more money in the same jobs- thats bull! People need to evaluate what people get paid and WHY they get paid more or less. If a person is more qualified for a job, he should get it- or paid mnore than the less qualified person- race should NOT matter at all. If an employer pays a black person less than a white person in the same job- if they are equally qualified- then the black person should file discrimination charges. In my experience, I have seen so many people file discrimination charges when they WERENT being discriminated against- so you can bet if it was REALLY going on, it wouldnt be going on for long! Chances are, you are hearing your info from someone who is also ignorant or making excuses for their own failures!

I am getting DAMN sick of the "lets hate white people" crap, because chances are, if a black person is getting screwed by the rich whitey- so are all the poor whiteys! If people had any brains in this country- we would change our racist ideals and quit dividing black, white, brown, etc- and divide the citizens from the politicians! I am a citizen in this country and no matter what color we are- we are all getting screwed!

My one wish in this world would be that all of the people of this world learn to love each other and do away with the radical and extreme politicians that pit us against each other- they are the real enemy! We are all brothers and sisters that are being abused by our leaders!

2006-07-30 13:29:35 · answer #4 · answered by ProZack 5 · 0 0

Actually, most white people are not getting most of the money. Most of the money is going to a very select few. I forget the exact numbers and my example might be exagerated but the numbers are something like this.

10% of the population has 90% of the wealth. Now I do not know what color they are but they are obviously not most white people.

2006-07-30 14:22:12 · answer #5 · answered by Anonymous · 0 0

Where are you getting data to support that notion? The black people I work with all make the same amount of money that I do and they all have the same or more education than I do. It sickens me that some people think that white people have it made while everyone else is in dire straits and needs handouts. The truth is racial discrimination is illegal. Everyone has an equal opportunity under the law in America.

2006-07-30 13:16:42 · answer #6 · answered by Cybeq 5 · 0 0

Whites work jobs that pay higher salaries.

Whites and blacks are generally paid the same for the same jobs. However, more whites have the financial and family support to go to college / grad school and get higher-paying jobs (attorney, physician, fast track management jobs) - so they get they "hot" jobs that pay the big bucks.

Blacks who get the same education as whites land the same "hot" jobs, and get the same big salaries.

2006-07-30 13:22:44 · answer #7 · answered by Some Guy 3 · 0 0

The same reason its always been my dear. Caucasians have been the ruling class on the planet for many eons..Prior to that perhaps your question would have been something like..How come the Tyrannosaurus Rex gets all the wildebeests?

2006-07-30 13:15:56 · answer #8 · answered by Middle-Age-Man 2 · 0 0

I'm white, and you couldn't tell by me. If you know where that money is let me know so I can get me some.

2006-07-30 13:12:59 · answer #9 · answered by Jay 5 · 0 0

Thats a really racist thing to say! Tons of black men and women are sucessful!

2006-07-30 13:12:31 · answer #10 · answered by jesslovesblink 4 · 0 0

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