The Black population represents about 13 percent of the US population. In 2017 only: 8 percent of the Computer Science graduates were Black; 4 percent of the Math and Statistics graduates were Black; 4 percent of the Engineering graduates were Black; and 3 percent of the Physics Graduates were Black. Every one of those percentages were HIGHER 10 years ago. Affirmative Action Laws have generated a huge demand for people of color in the professional fields. But the only way Corporations and Government Agencies can satisfy that demand is by importing people of color from foreign countries. I used the GI bill to get my degree. And the military offers better opportunities for higher education now than it did when I was in the military. So isn’t the solution to Racial Economic Inequality simply a School Book? The question is no longer how do we get “Racial Economic Equality”, it’s how do we get more of the Black community to graduate High School, qualify, and then graduate college with something other than a liberal arts degree. Pick a science major that includes a mainframe language. Or select a foreign language that the government has a real demand for like Farsi and Arabic. Go on and get an MBA as well. Stop comparing the assets, liabilities, and spending patterns of the different Races. The solution for income inequality is the “Income.” It is true that the different Races value a higher education differently. The Asian Race and the Jewish Ethnicity are famous for valuing a higher education. And their incomes reflect that characteristic.

Great panel!

This is crap. The black community needs two parents (Mom and Dad...) to raise their kids and value education like the Asian and Jewish communities. Bring back the dislike button.

Dr Claude Anderson should be on this panel!

the moderator of the discussion comes from the lowest economic class.it's the wise choice to present the most concerned issue in american society. thumb up.

Surprising how they describe these social & political problems resulting in economic disparities but none of them can pick up that it's the capitalist economic model that creating this society

The long history of discrimination (and worse) experienced by persons of color is certainly a crime against humanity, one of many such crimes never fully acknowledged or addressed. One might say that persons of color were prevented from participating in a political and social structure that awarded the legal power of a minority to claim what was produced by the majority. Enslaved persons were certainly the most severely victimized by the systems of property law and taxation brought to North America from Britain, Spain, France and other European countries. The economic value of almost everything they produced was claimed by those who by law were permitted to confiscate this wealth. To a lesser degree, many other groups of later arrivals experienced a similar theft of what they produced. For over four decades I have taught history and have researched how this was allowed to occur. The answer challenges what is taught in our schools and what most Americans accept as a legitimate quest for personal gain. To understand the origins of gross inequality, one must examine the continuum that has existed in human history. From the time of the fall of the Roman empire, the social structure under which most European people lived was feudalism. Implied under feudal relations was reciprocity between the feudal lords and those who worked the land. This relationship broke down after the Crusades stimulated an expanded reliance on gold and silver coinage in the Mediterranean trade. In Britain, the signing of Magna Carta, gave the feudal lords direct control over the land, which they gradually privatized and turned into just another commodity. All across Europe the common lands were subsequently enclosed, the peasants replaced by sheep and cattle. The “surplus” people of Europe made their way to the new colonies established by the European powers. The hunger for land came with them. The “first families” of the new world either came with huge land grants from the king or earned such grants by service in wars against the other European powers in the quest for territorial expansion. The majority of the founders of the new United States of America engaged in land speculation as a primary means of building lasting fortunes. George Washington was one of the most successful in this game. From that time on one of the strategies of America’s landed elite (eventually expanded to corporate enterprises) was to use their influence over the course of politics to make sure that landed wealth was minimally taxed, while income earned producing goods or providing services absorbed the brunt of the cost of paying for public goods and services. Poor White immigrants at least had the opportunity to escape hard lives in the eastern cities by a century-long migration until as the historian Frederick Jackson Turner documented, the land was nearly fully claimed. By the end of the nineteenth century the opportunity to acquire land inexpensively - whether for agriculture, industry or a residence -- had disappeared. Persons of color entered this competition far too late to benefit in any material way, even if the systems of finance and wage employment had been even-handed. This, I conclude, is the reason persons of color have been prevented from accumulating a similar level of individual wealth as whites, although It must be pointed out as well that the concentration of wealth among Whites is also highly concentrated despite the absence of chattel slavery where Whites are concerned. Generations of Whites have worked under near-intolerable conditions in mines, mills, factories and many other occupations. Persons of color eventually joined them, adding to the growing supply of laborers competing with one another for a subsistence living. For most households in the United States (regardless of race or ethnicity) the key to wealth accumulation is the ownership of a residential property in a community where business activity and employment remains stable. The large number of evictions and foreclosure sales just since 2008 speaks to the insecurity of net worth based on equity in a residential property. Seniors and minority property owners comprised the overwhelming majority of those victimized by predatory and sub-prime mortgage debt. To return to the starting point of this story of our economic experience, the problem is and has been the gross under-taxation of the value of whatever land individuals hold, the result of which is that speculation in land has become integral to the economic DNA of Americans, driving up land prices to levels that make housing unaffordable wherever employment opportunities exist. The poorest among our population are left largely trapped, often forced to pay high rents for substandard housing, with little left over to build savings. There are no silver bullets to change the course of history overnight. That said, I believe very strongly that the one essential change in public policy to begin the process is to press local communities and school districts to move toward a land-only property tax base. An annual charge to owners of land equal to the potential annual rental value of whatever land is held will bring down land prices and serve as a strong financial incentive for owners to bring the land they hold to its highest, best use or sell to someone who will. Business enterprise will be rewarded. Jobs will be created, and communities will begin to have sufficient revenue to fund high quality schools and other public goods and services. Absentee land owners will no longer be able to sit and wait for communities to become “gentrified” or for government to subsidize new development with tax credits and abatements. There is a wealth of economic literature expanding on the case I am making here, going all the way back to the great Scottish political economist Adam Smith. The Philadelphia-based Center for the Study of Economics (CSE) is today working with a number of communities around the U.S. to move in the above direction. CSE’s Executive Director is someone any concerned community leader ought to reach out to, none more so than those who are committed to improving the lives of the disfranchised. Edward J. Dodson, M.L.A.

Planning, Day-to-Day money management and self discipline is very important. Search for “Easy Financial Planner, Video 1” here on KZfaq.

Daniel Monyhan Commission Report late 1960's on black nuclear family...lack of it.

How come Asians doing much better?

Come on people....this is crap.....