Tag Archives: poverty

African Americans are the only racial group in U.S. still making less than they did in 2000

black wealth
African Americans (descendant of slaves) were worse off financially in 2016 than they were in 2000.

The median income for an African American household was $39,490 last year, according to U.S. Census Bureau data released this week. It was $41,363 in 2000. (Both figures are in 2016 dollars, so they have been adjusted for inflation).

African Americans are the only racial group the Census Bureau identifies that has been left behind. White, Asian and Hispanic households have all seen at least modest income gains since 2000.

The uptick in incomes for so many Americans helped lift the overall median U.S. household income to $59,039 last year, the highest level ever recorded by the Census Bureau. That figure surpassed the previous record set in 1999, during the last period of strong economic growth. Median household income means half of U.S. households earn more and half earn less. It’s an important indicator of the health of the middle class.

But the overall trend masks the fact that African Americans, as a group, have not recovered. The median income gain since 2000 for whites is $1,432 for descendants of slaves (African American) its -1,873.

African Americans are so poor that many of them do not even realize it. Living with so little and predominantly on credit, you will pass a poor black person in a leased vehicle, going on vacation, and nice clothing, without any resources to pass on to their children, but debt. This holiday they will fill the stores and lay away items they do not need and cannot afford.

The solution for the wealth gap may only be found in reparations for descendants of slaves. The average white person starts off with 87% of the wealth they need to live successfully, while the slave descendant starts in the negative. Political change is the only thing that will solve this growing epidemic.

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Blacks on the road to zero wealth


Between 1983 and 2013, median black household wealth decreased by 75%  to $1,700. At the same time, median white household wealth rose 14% to $116,800. If this trend continues, an African American born in 2013 will see her household wealth hit zero by the time she turns 40.

This is happening as households of color make up a growing share of the population and are projected to reach majority status by 2043. If the accelerating racial wealth divide isn’t halted, a majority of U.S. households will no longer have enough wealth to stake a claim in the middle class. The consequences for the economy and society as a whole will be devastating as racial and political polarization deepens and intensifies.

Consider your ways.

 

NEELY FULLER JR – HOMOSEXUALITY AND LESBIANISM

How Christian ‘pay-to-pray’ scams victimize the poor and the desperate

pay for prayer
The first complaints about the Christian Prayer Center were short, cryptic – but not enough for the Washington state attorney general’s office to investigate. These people bilked me.

But then, a lengthy letter landed, from a family whose members were both heartbroken and furious.

“They had a child with a rare terminal illness,” said assistant attorney general Daniel Davies. “They were looking for hope anywhere they could get it. One of the places they turned to was the Christian Prayer Center.

“When they are going through incredibly difficult situations, often times people turn to prayer,” Davies continued. “They see a website touting that thousands of people will pray for you. They have a pastor, testimonials on the website of people whose prayers were answered.

“The pastor was a sham,” he said. “The testimonials were fictitious as well.”

The child is still dying.

As a result, the owner of christianprayercenter.com and its Spanish-language counterpart, oracioncristiana.org , have been ordered to pay up to $7m in restitution to an estimated 125,000 desperate consumers who reached out for prayers in their times of need. Read more

If a brother or sister is without clothing and in need of daily food, and one of you says to them, “Go in peace, be warmed and be filled,” and yet you do not give them what is necessary for their body, what use is that? Even so faith, if it has no works, is dead, being by itself. But someone will say, “You have faith and I have works.” Show me your faith apart from your works, and I will show you my faith by my works (James 2:16-18).

Simon the sorcerer said, “Give this authority to me as well, so that everyone on whom I lay my hands may receive the Holy Spirit.” But Peter said to him, “May your silver perish with you, because you thought you could obtain the gift of God with money! “You have no part or portion in this matter, for your heart is not right before God (Acts 8:19-21).

Don’t be fooled. A family should care for their own first and then help others. I don’t know a family who every member is financially secure. Help your family first and then help others. Also, God never asks money for healing and prayer. What kind a father is that? That is no father, but a manipulator and a hater of man and lover of themselves.

READ YOUR BIBLE! MOST PEOPLE ACCORDING TO THE SCRIPTURES ARE GOING TO HELL BECAUSE THEY ARE SELFISH! READ YOUR BIBLE!

HOLD ON TO THE PENNIES YOU HAVE UNTIL GOD SPEAKS TO YOUR SPIRIT TO GIVE>

P.S. DONT BOW TO ANY CROSS OR ANY MAN MADE IN THE LIKENESS OF ANYTHING IN HEAVEN

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Yes We Can?

  by  VinceHuang  Is it possible to trust in God and money at the same time? Is it possible to place ones faith in the mighty dollar and forsake the creator of heaven and earth? Is it possible to elevate money to … Continue reading