Racism has cost US economy $16 trillion in 20 years

Then why mention race at all?

 

Thanks for the effort! Two issues here though. First, you've referred to a very specific issue. You haven't referred to their general claim that discrimination does not exist. Second, the authors (following a need to clarify and retract) correctly note that their study is "different from the likelihood of being shot given a person’s race". You're therefore making a claim that the research does not.

This is not an empirical study that can claim discriminatiom does not exist. Please be more careful in your copy and paste effort. You'll just come across as biased otherwise.

 

Thank you for your confession.

 

Help fight racism by not falsely accusing people of it.

 

Farmers are another class that is now on welfare from comrade Donald Trump.

Socialism by stealth as the Trump howling mob bellows for more free stuff for the wealthy.

 

Racism has cost US economy $16 trillion in 20 years
Sounds more like the cost of LBJ's War on Poverty, and that cost wasn't fabricated out of whole cloth.

 

I needed a hearty felt laugh, so thanks. I also won't be doing business with Citi Bank given the quality of their top people as illustrated here.

 

Lets take a right wing economic perspective and look at both poverty and discrimination armed only with neoclassical economics.

Reducing poverty? This increases the physical efficiency of the unemployed, increasing productivity. The optimal level of human capital investment will also rise, as more investment funds will be available. This further increases productivity. Reductions in poverty therefore increase economic efficiency.

Reducing discrimination? Adopting Becker's taste for discrimination, this ensures more efficient use of labour. Productivity therefore rises. Given discrimination continues in the long run because of market power, it eliminates a significant cost from market failure. Reductions in discrimination therefore increase economic efficiency.

Crikey, its like right wingers don't even understand their own perspective

 

I understand and somewhat agree with that theory, but you missed my points. 1. The War of Poverty has cost many trillion dollars and has accomplished very little to none of its stated goals in line with your stated theory. 2. Systemic racism has not cost us anything within light years of trillions of dollars in recent decades mostly because it doesn't exist and also because there is no way the cost could be accounted for even if it did, although I agree with your theory.

 

"Earlier this month, the President’s Council of Economic Advisers (CEA) declared that the War on Poverty launched by President Lyndon Johnson in 1964 is “largely over and a success.” Although it is premature to declare an outright and absolute victory, it’s great that policymakers at the highest level of government recognize that our social safety net programs are working.

But if we are to continue to reduce hardship and promote mobility from poverty through access to good jobs, work and other means, we have to understand the nature of poverty today. It's important that we draw the right lessons from the past so we don’t underestimate our current challenges and cede our hard-won progress in the War on Poverty."
https://www.urban.org/urban-wire/have-we-won-war-poverty-not-yet

Of course systemic racism exists. https://www.businessinsider.com/us-systemic-racism-in-charts-graphs-data-2020-6

 

That is what agencies, governments, and companies always say when they abandon a failure, though it is harder for private entities to do..

 

In this case it was the Trump admin's contrived rationale for work requirements regarding certain welfare recipients.

 

You clearly didn't understand. The point is that right wing theory derives the same result for both poverty alleviation and racism: gain in both equity and efficiency. Given that theory necessarily concludes that both are still problems (you can prove it yourself with Excel if you wanted to), its rather surprising that right wingers are so eager to avoid achieving those efficiency gains! Crikey, its as if they're at war with their own economics...

 

That is what you think failed LBJ's War on Poverty??? Really? Quite a stretch. You could cover first base from left field with a stretch like that.

 

As I go through this thread I can only conclude that many people on the left have a poor opinion of blacks. When we talk about illegals, the left rattles off a ton of reasons why they should be here and how much they improve our economy, crime rate, etc. But when they speak of blacks, all they ever say about them is that they're victims. To me it certainly seems like the left believes blacks as a whole aren't capable of making it on their own, so to ease their guilt for the racist things they probably didn't do, or maybe they did, they give blacks an excuse for why they see them as nothing more than victims, and that excuse is racism. But when it comes to those darn illegals, well, where would this country be without them?

I've asked this question several times and according to the leftists on this board, merely asking is racist. But I'll ask it again anyway: As a whole, what positive things can the left say about blacks? Not one or two people, but blacks as a whole. Let's hear it.

 

In the old days Black males wanted to stay with their families, go to church etc., but the racist Whites kept lynching them.
Black males just can't win.

 

Why do White males think they are victims of Affirmative Action?
What positive things can you say of Whites as a whole?

 

I knew it, the left can never answer that question.

White males don't think they're victims of AA, we just point out the discriminatory nature of it. And I like how you were specific in mentioning only white males.

As for positive things about whites as a whole, just compare Europe to Africa. Just about every convenience you have today was made by white people. And if you ask the left, merely being born white bestows us birthright privileges along with the ability to dominate and oppress every other race on the planet.

White people built this country to what it is now. Again, compare the USA to Africa.

 

.

 

Of course it does.

 

You are ignoring the associated violence that followed the 'black' drugs but did not follow the other drugs. That is the primary cause for the strict stance taken...

 

What is this 'left' that you're talking about? Its a rather heterogeneous group. Marxists, for example, have a different understanding to discrimination than Liberals. Sounds like you're adopting the "check under your bed" McCarthyism of world affairs. That's really going to limit your perspective.

 

another leftist garbage paper written by some sociologist with a cause in need of evidence.

 

What on earth are you rambling on about now? The decomposition method originates from the Chicago School.

Gosh, its as if you're clueless about the evidence...

 

there's just as much violence with meth, pills,cocaine and heroin which are mostly used by white people that there is crack cocaine