Racism has cost US economy $16 trillion in 20 years

Discussion in 'Political Opinions & Beliefs' started by Denizen, Sep 24, 2020.

  1. Denizen

    Denizen Well-Known Member

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    So, there you have it. Sixteen Trillion down the gurgler because of racism.

    The loss is to the whole of society, not just the people who are discriminated against.

    The USA would be a wealthier and nicer place if racism had been eliminated decades ago.

    Donald Trump is part of the problem, not part of the solution.

    https://finance.yahoo.com/news/raci...illion-in-20-years-citi-report-205706392.html

     
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  2. spiritgide

    spiritgide Well-Known Member Past Donor

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    I'd put that on the heads of the fools that think that racism is a political asset and keep promoting racial conflict. They need racism as an issue; need it to manipulate people... and the people who buy into it.

    Presidential elections are very much a poll of views, often swing on 1%. IF systemic racism actually existed in America today, Barrack Obama would never have been elected- it would have been absolutely impossible. Regardless of what people show publicly, if only 1% of us were racist, Obama would never have got their secret vote. Since he was elected twice, it's been proven twice.

    Racism as a weapon and tool to gain power is profitable, and certainly very useful to immoral politicians. It's also a kind of disease, whereby many blame racism for their personal failures, thus avoiding responsibility for themselves. That's not a rare thing- it's a common one; such people keep a racism chip on their shoulder and it is the go-to reason for everything that happens. Yes, there are still some racists. Soon there will be more, as the current outrageous behavior convinces people that there is a reason for racism after all, and begin to see it as valid. The big losers are the quality blacks who are good citizens, parents and productive members of society, which deserve full respect- but all of us are being damaged by the low-lifes that promote the hate and destruction we are seeing everyday.

    Black Lives Matter is wrong. All lives matter- to the extent they help benefit and build a good society.
    Those who do not, those who cannot or will not be civil or respect others are trash- of no value now, and very unlikely to have value in the future- and their color does not make a difference.
    BLM is an insult to all races, including the human race.
     
  3. TheImmortal

    TheImmortal Well-Known Member

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    Lols you realize our government provides tax incentives for investing in black owned businesses but not white ones right?
     
  4. kriman

    kriman Well-Known Member Past Donor

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    BLM is just racism with another name.
     
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  5. Condor060

    Condor060 Banned Donor

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    Why is it the only ones that continue to hammer racism are Democrats? How does a racist society elect a black president?
    The only one who are racist are the ones who continue to regurgitate it.
     
  6. doombug

    doombug Well-Known Member

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    So a myth has cost a bunch? Is that in Monopoly money?
     
  7. TheImmortal

    TheImmortal Well-Known Member

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    I would guess it has more to do with the fact black owned businesses are 2-3x more likely to fail than white owned businesses.
     
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  8. Denizen

    Denizen Well-Known Member

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    Are you Nigerian?
     
  9. Denizen

    Denizen Well-Known Member

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    Because of racism?
     
  10. TheImmortal

    TheImmortal Well-Known Member

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    No I’m American
     
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  11. TheImmortal

    TheImmortal Well-Known Member

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    No. Most likely because they try to open them up in their own neighborhoods which are inundated with violent crime.
     
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  12. Denizen

    Denizen Well-Known Member

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    Trump's howling mob?
     
  13. TheImmortal

    TheImmortal Well-Known Member

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    Nah probably more to do with the fact that blacks make up less than 13% of the total population and yet they commit approximately:

    50% of the total murder
    40% of the total assault
    30% of the total rape
    55% of the total robberies and
    40% of the total violent arson
     
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  14. Darthcervantes

    Darthcervantes Well-Known Member Past Donor

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    I guess you can't address his FACTS. Credibility = GONE!
     
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  15. FatBack

    FatBack Well-Known Member

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    What a sad list of posts.
    Zombie, in yo head...zombie zombey beyy bey, in yo head, zombey beyy beyyyyyyyyy...........
     
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  16. Kal'Stang

    Kal'Stang Well-Known Member

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    Tell me, how did they arrive at figures for things that never happened? That's like predicting what this country would be like exactly if Hitler had never been born or Columbus never setting sail. Or Hillary winning in 2016.
     
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  17. doombug

    doombug Well-Known Member

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    You tout "facts and credibility " while.posting about a myth. Ironic!:roflol:
     
  18. doombug

    doombug Well-Known Member

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    Because of "fill in the blank",

    Because of Leprechauns?

    Because of racism?

    Because of Bigfoot?

    All these have equal credibility and proof of existence.
     
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  19. jcarlilesiu

    jcarlilesiu Well-Known Member Past Donor

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    Well, within 4 posts, you were able to prove that you aren't actually on this forum for debate or discussion. Just to push a narrative and post one liner responses to anybody that attempts to engage.

    Have fun with that.
     
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  20. fmw

    fmw Well-Known Member

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    Racism has cost US economy $16 trillion in 20 years

    This title earns my WAG (wild ass guess) award for the week.
     
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  21. Denizen

    Denizen Well-Known Member

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    It has pushed Trump off number one?
     
  22. altmiddle

    altmiddle Well-Known Member

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    Well this was a waste of time :blankstare:
     
  23. Pred

    Pred Well-Known Member

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    Which means you have zero credibility and aren’t interested in intelligent debate. SHOCKER :)
     
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  24. Pycckia

    Pycckia Well-Known Member

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    They arrive at this number on the assumption that Blacks would be as productive as whites if it weren't for racism.

    A very dubious assumption, imo.
     
    Last edited: Sep 25, 2020
  25. PPark66

    PPark66 Well-Known Member

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    The prevalence of violent crime in America by race/ethnicity is roughly the same among whites, blacks, and hispanics between 1-1.25% of those populations.

    So if your population percentage is correct than your data must be skewed a bit unless, of course, the data is not representative of America. As in from a place within America where the density of a specific race/ethnicity is skewed for instance, a predominately black neighborhood with few whites or Hispanics or Asians.
     
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