DOES IT MATTER THAT 73 PERCENT OF BLACK BABIES ARE BORN TO SINGLE MOMS?

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WHERE ARE THE DADS?  Today, approximately 73 percent of black babies are born to single Moms.  Even in most black churches, nobody talks about this.    This lack of Dads is negatively impacting the black community and our nation.

 

PRESIDENT BARACK OBAMA

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“Too many black fathers, are missing from too many lives and too many homes. They have abandoned their responsibilities, acting like boys instead of men. We know the statistics — that children who grow up without a father are five times more likely to live in poverty and commit crime; nine times more likely to drop out of schools and 20 times more likely to end up in prison. They are more likely to have behavioral problems, or run away from home or become teenage parents themselves. And the foundations of our community are weaker because of it.”

https://www.washingtonpost.com/posteverything/wp/2017/01/10/the-dangerous-myth-of-the-missing-black-father/

PRISON POPULATION

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Black people make up ~40 percent of the U. S. prison population, while making up ~13 percent of the U.S. population.  As former President Obama stated, the very foundations of our communities are weakened!

 

CHILDREN BORN TO SINGLE MOMS 1965 VERSUS 2015

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The above chart, shows this is a growing trend in the U. S.  for ALL RACES.

 

TUPAC SHAKUR, RAPPER – DEAD AT 25 YEARS OF AGE 

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MOMS

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Many single Moms raise strong, successful children.  We all know such families.  However, the lack of men in their children’s lives, is resulting in a cycle of poverty and government dependency in the black community.  The level of poverty in the U. S. has essentially flat lined for 50 years!

 

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https://wealthbuildingpowers.com/2019/03/25/do-you-want-to-finally-stop-paying-for-the-racial-wealth-gap/

https://wealthbuildingpowers.com/2019/05/23/minorities-and-women-most-likely-to-retire-broke/

https://wealthbuildingpowers.com/2019/11/04/the-most-important-decisions-you-will-make-choosing-your-true-friends/

 

 A SENSE OF URGENCY IS REQUIRED!

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Almost 20 years ago I took a job as a Safety Director, to reduce serious injuries and fatalities for a large company.  When I researched the company’s history, I discovered  in the 1970s’, the company’s safety performance was TEN times better.  Because of – FAMILY VALUES.  As the company grew and management changed, they lost the culture of family values, of caring for their employees.   My strategy was simple, return  to a culture that delivered better safety and profit results.

 

In the black community we need to return to our past FAMILY VALUES where Dad is a vital member of HIS family!  As the number of Dads participating in their kids lives has decreased, the impact to the family structure and the country has been consequential.

 

 

CONCLUSION – DOES IT MATTER THAT 73 PERCENT OF BLACK BABIES ARE BORN TO SINGLE MOMS?

DOES IT MATTER?

That children who grow up without a father are five times more likely to live in poverty and commit crime; nine times more likely to drop out of schools and 20 times more likely to end up in prison?

Are more likely to have behavioral problems, or run away from home or become teenage parents themselves?

That the foundations of our community are weaker because of it?

I do not have answers for this crisis in the black community.  I do have an answer to the above question – YES IT MATTERS!

We must begin the conversations to find actions required  to return more Dad’s to their children’s, lives – EVERY SINGLE DAY!  To accomplish this, we must openly talk about this issue.

 

My brother and I grew up with two strong and wonderful parents.  We owe our blessed lives to Annie and Willian Powers and the loving, nurturing and disciplined household we were raised.

FOLDS OF HONOR

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I donate to Folds of Honor.   Since 2007, the Folds of Honor has carried forth this singular, noble mission: To provide educational scholarships to spouses and children of America’s fallen and disabled service-members. 

Our motto says it best.  Honor Their Sacrifice.  Educate Their Legacy. 

https://www.foldsofhonor.org/

 

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ABOUT ME

 

I am a proud nerd (as my beautiful wife and daughter have told me) investment and finance blogger, with a NC State, Chemical Engineering, University Rutgers, MBA and Harvard University, Advanced Management education.  I left a corporate career because I had a desire for making a difference as a speaker and writer, to help others. I was blessed to be coached and mentored by strong women and men in both my family and professional life.  It is my time to serve and give back.

DISCLAIMER

I started my first business at ~13 years of age (small but brilliantly created plant nursery). I am a successful investor in stocks, options, real estate and happy to share my personal finance and investment lessons learned with you.

However, I am NOT a licensed financial advisor.  Please do not construe my suggestions on this blog, as recommendations for your personal situation.  For individual finance advice please seek your own licensed CPA or fiduciary financial advisors.  

I write this weekly blog to make an impact by reaching an audience and demonstrating the need for financial literacy. I will help you get there.

 

 

Powers Investments Management, LLC

This blog will provide, information and simple strategies, that will assist you to achieve YOUR financial objectives and long term targets. For over 30 years, I solved multi-million dollar problems, for Fortune 10-250, companies. My formal education includes: Business, Finance and Chemical Engineering {Problem Solving} at: Harvard, Rutgers and North Carolina State. And an additional 30+ years, managing my family’s investment decisions. I currently manage/advise people with net-worths ranging from the tens of thousands to several million dollars.

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