This is one of the best videos I've seen on KZfaq. This channel did a great job of explaining the racial wealth gap, which I believe is one of the most significant issues in American society. I definitely plan to share this video with others so they can be enlightened on this important topic.

I never knew the reason blacks distrusted banks I’ve heard my grandparents talk about their distrust in banks I never knew what happened to create that distrust

excellent video

I’m just here to see how many people deny red lining and bank as well as federal discrimination. We are hated all of the planet and no one can say we did anything to anyone in mass

Stellar job

Honestly - I LOVED! This video and the solutions suggested. Brilliant!! Really I've never heard of that and I'm from South AFrica where we do have a reparations programme called - Broad Based Black Ecpnpmic Empowerment. (BEE) that encourages private businesses to involve black people in business operations. Which is a good Idea but falls short when you consider the high unemployment rates in the country. With one of your solutions - Down payment assistance funds, I think - could actually help to improve the living conditions here. Sorry for the whole essay but this video got me so inspired!

The case for reparations comes down to one simple question. How long will you allow your nation to be a caste system that was created by human rights violations.

Fantastic video

More African Americans would be in the position to earn wealth, if in every profession, they didn't need to navigate and overcome so much bias. In the past, systemic racism was pervasive and it was made legal by the United States government. Some would argue the remnants of systemic racism are still a challenge, but thankfully many racist laws have been repealed since the Civil Rights Act. However, that didn't stop individual bias, which is now the current fight against racism. In my two industries, for example, which are education and real estate, bias runs rampant. The vast majority of America's homebuyers and sellers are white, and they only hire white realtors. Many black realtors, and black realtors in particular, are avoided by the nation's buyers and sellers.This results in a high turnover of black agents being forced to leave the real estate industry, because they aren't being hired as often as white real estate agents. In education, the vast majority of principals who interview teachers for teaching positions at their schools are white females. In my 20 years in education, I've noticed there is a preference for white females, because the principals are white females. Far too often, principals will choose teachers who remind them of themselves, especially in affluent communities where public schools tend to be better supported and teachers get paid more. Affluent neighborhoods is where you will see a high concentration of white female educators and hardly any black educators with classrooms. The black educators are all concentrated in the worst schools in America, because those are the only schools that give black educators opportunities to teach. Not every black person is equipped with the skills necessary to navigate bias. Many people now assume racism is over, so they don't prepare their children for bias, especially bias that is difficult to prove. After many years of trying to get accepted, some black job applicants (with college degrees) might give up out of frustration because they are either unaware they're being discriminated against or they know it, but it would difficult to prove and too complicated to address with certainty. To rid ourselves of bias that prevents people from having a decent job, people everywhere must realize accepting differences in the workplace isn't limited to accepting different skin colors. That is minimal acceptance. You are not truly being accepting of others in the workplace if the people you accept are brown, but they must also talk like you, be like you, and remind you of people you already know. Remember, there are different ways of being, which you must also accept.

In 2021 it is still going on I just lived it for 45yrs in San Diego California

They need to STOP remixing what reparations for Foundational Black Americans look like. CASH PAYMENTS!!!!!! THAT IS IT!!!!!!!

Even within the housing market there were areas blacks were meant to help build the houses but not equal enough to live. It's sad just cause the color of one's skin its stupidity. We were raised never judged by skin but how is your response and actions.

The phrase 'racial wealth gap' is one of the most racist I have ever heard. I'm white and looking at my bank account and hey I'm not seeing it. Where's my white wealth? I'm ok with you pinning this unfair and unequal racial wealth gap on me, as long as you give me the money first.

How does it explain the first generational immigrants ( usually POC ) who not only become home owners but also business owners? I know many immigrants who told me that they came to America with $ 5 in their pocket and became successful.

If depends if you never had, then never and had help to know how to understand money.

I disagree with the emphasis on closing various types of gaps. If this means some groups or individuals accelerate away from others, so be it. It is my understanding that we benefit greatly from the culture and technology which largely comes from those with Westen values and who have IQs over a 120. So I'm not okay diverting academic resources away from those that are cognitively gifted just so you can close gaps. Also, schools will naturally exacerbate gaps because individuals that are fast learners (high g) will accelerate away from the low g students. Schools don't need to close all the gaps. Don't throw all your money at the smart kids, and don't throw all your money at the slow ones either. It is especially important that you don't throw all your money at the students that are learning English as a second language. I'd hate for music, robotics, or archery classes to be deprioitized relative to special ed and ESL courses.

This is intentional they know what they're doing and what they have done

White settlers still think that way

I like and would support a few of your ideas: Down payment assistance, fully funded child care, and business grants are really hard to argue against. However, creating opportunities means little if SEIZING opportunity in not practiced.

Yeah, barred because of the colour of your skin you were born with... 🤦🏻‍♂️F*ck! This is brutal ☹️ Same with homelessness too I think...

The government can just give a house to every adult with full ownership like what the western land grab did for whites in the 1860’s and 70’s. also a comprehensive public health care system and public college. With that stability people can help themselves

Why dont you talk about asian americans as well, or hispanics???

It's still going on today here in California

Like 1/10th of their wealth

It’s been sitting on my mind for a minute but today I decided to ask myself how every single white person just randomly are spawning wealth

Well this was dumb lol

It’s only getting worse? Don’t you think that some of those losses are the fault of the individual. You don’t need to start out with wealth to gain anything, all you need is to work hard apply yourself. Everything can’t be blamed on others, but most problems are because of government. There’s practices are not done anymore. I’ve seen black men work their way up to have millions and not one of them were handed money.

My parents were able to purchased a home in 1960, and have paid the house in full around 1988. Please stop with the nonsense people rent because they want to rent. Black people are not victims!!!

America is not capitalist.

America needs to breakup. Whites in a white country, blacks in a black country.