Friday, April 19, 2024

Emotional Recklessness is Not the Answer to the Racial Wealth Gap

*Attorney Antonio Moore uses a combination of data, and personal insight to explain how reckless emotions have become the new place to hide the consequence of extreme wealth inequality.

Moore relies on charts and data from blackdemographics.com, among others to support his position about the racial wealth gap. Subscribe to his Youtube channel @ Tonetalks

According to blackdemographics.com

In 2012 The U.S Census Bureau released a report that studied the history of marriage in the United States. They discovered some startling statistics when calculating marriage by race. They found that African Americans age 35 and older were more likely to be married than White Americans from 1890 until sometime around the 1960s. Not only did they swap places during the 60s but in 1980 the number of NEVER married African Americans began a staggering climb from about 10% to more than 25% by 2010 while the percentage for White women remained under 10% and just over 10% for White men. The first two charts below are charts included in the report only the headings have been altered by BlackDemographics.com to outline these findings.

The third chart illustrates how closely the marriage graph for Black men aligns with the incarceration numbers which also experienced an abnormal climb beginning in 1980. This does not prove causation however it shows that they are related due to the assumption that men in prison are less likely to marry.

It is also believed that a large percentage of Black men marry White women. This is often cited as one of the causes of lower marriage rates among Black women. This however is only partially true. While Black men marry white women at twice rate that Black women marry White men, in 2014 only 14% percent of Black men were married to non-Black women which is up from 11% in 2010. Only half of those non-Black women were White. So there is evidence of an increase of Black men “marrying out” of their racial demographic. As a matter of fact the Pew Research Center released a report finding that 25% of Black male newlyweds in 2013 married non-Black women compared to 12% of Black women who “married out”.  However Asian women and Native Americans still have higher rates of interracial marriage. Black women were the least likely to marry non-Black men at only 6% in 2014, and only 4/% were married to White men.

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