THE VERY DEFINITION OF INSANITY – POLITICIANS’ FALSE PROMISES TO CLOSE THE EDUCATION, HEALTH, AND WEALTH GAPS BETWEEN RACES
ALBERT EINSTEIN’S DEFINITION OF INSANITY! POLITICIANS PROMISE TO CLOSE THE EDUCATION, HEALTH, AND WEALTH GAPS BETWEEN RACES
TO ACHIEVE NEEDED CHANGE, THE BLACK COMMUNITY MUST RALLY AROUND BOOSTING EDUCATION EXPECTATIONS AND RESTORING FATHERS TO THE HOME!
Without these changes, we are doing little more than sprinkling fairy dust!
Disclaimer: Good Day, Readers. WealthBuildingPowers blog is a financial literacy/competency blog and does not provide specific investment recommendations.
“Black kids deserve better than fatherless homes and low expectations”
TO READ THE ENTIRE ARTICLE
“Today, more black Americans are more likely to enter a church to attend a funeral than they are to celebrate a wedding. We are a community in crisis — with fatherless homes, near non-existent marriage rates, and spiraling black-on-black crime challenging us to the core.
Black families were stronger during the worst periods of American history than they are today. Since 1968, there has been a fourfold increase in the number of unmarried parents, according to Pew Research. But Census data show this trend especially applies to black families: In 2020, just 41.3% of black kids were growing up in a two-parent home, compared to 78.6% of white kids. Most black kids today can’t remember a time when black marriage was the norm. And with the influence of the black church waning, there is little moral authority to reverse this trend, a phenomenon I call “cultural genocide.”
Many black youths today are raised with little sense of hope or expectations. Take the example of Baltimore, where a group of black families last month sued the school district for the “injustice” of failing to educate their children.
The situation is so dire in that city that students are graduating from local public schools without being able to read. Meanwhile, a whopping 77% of high schoolers at one Baltimore high school are reading at an elementary level, while 41% of BCPS high school students earned below a 1.0 grade-point average last year. And this is just one American city. Public schools in nearly every major inner city have produced generations of semi-literate kids unable to enter the job market because of limited marketable skills.
To achieve change, the black community must unify around two key messages: Boosting education expectations and restoring fathers to the home. How can we achieve this? First, invest in church-based education and not just traditional — and failing — public schooling. Second, insist that welfare programs are a temporary rather than permanent way of life — with benefits limited to a maximum of five to seven years. And, most crucially, incentivize marriage through additional beneficial tax codes.
Such strategies can (and do) work: In Mississippi, for instance, black students who once scored poorly on standardized reading tests are now performing at some of the highest levels in the nation. One reason for this turnaround, say local leaders, is the Literacy-Based Promotion Act, implemented in 2013, which requires third-graders to pass a reading test before they can be promoted to the fourth grade.
Our community can rise when expectations rise for it. Now is the time to raise them even further. Let’s stop buying the victim narrative and restore our families and communities. We’ll all be better off for it.”
WHAT SUBJECTS DO YOU WANT TO READ MORE ABOUT? WHAT QUESTIONS CAN I ANSWER? UNTIL NEXT TIME!
LET’S MAKE SOME MONEY – CRYPTOCURRENCY IS ACCEPTED!
YOUR GREATNESS IS NOT WHAT YOU HAVE; IT’S WHAT YOU GIVE! – SOME CHARITIES I SUPPORT
St Jude Hospital: https://www.stjude.org/
Wounded Warrior Project: https://www.woundedwarriorproject.org
Folds of Honor: https://foldsofhonor.org
Wilson’s No-Kill Animal Shelter: https://wcnkas.org
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WHITE PRIVILEGE OR FINANCIAL SECURITY PRIVILEGE?
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DADS WHO RAISED ME TO BE MORE THAN I COULD BE!
BUILDING FINANCIAL FREEDOM/LEGACY TEN DOLLARS AT A TIME!
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https://wealthbuildingpowers.com/2019/04/01/financial-literacy-is-just-not-that-complicated-trust-me/
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WARREN BUFFETT UTILIZED COMPOUND INTEREST TO BECOME THE 3RD RICHEST MAN ON THE PLANET!
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DO YOU WANT TO JOIN THE 401K PLAN MILLIONAIRE CLUB? {KINDA LIKE THE MILE HIGH CLUB – BUT A LOT LONGER LASTING!}
401-K YEAR-END SALE!
TURNING YOUR STIMULUS CHECK INTO MILLIONS OF $$$$!
https://wealthbuildingpowers.com/2021/03/22/turning-your-stimulus-check-into-financial-freedom/
SO YOU GOT A HUGE TAX REFUND – NOW WHAT?
SO YOU GOT A HUGE TAX REFUND – NOW WHAT?
YOUR BIGGEST RISK TODAY – A LONG LIFE!
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INVESTING IN STOCKS IS COLOR BLIND – WHAT IS STOPPING YOU?
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THE NEED FOR EMERGENCY SAVINGS – MORE IMPORTANT TODAY THAN EVER!
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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 an N.C. State, Chemical Engineering, University Rutgers, MBA and Harvard University, Advanced Management education.
I left a corporate career because I desired to make a difference as a speaker and writer. I was blessed to be coached and mentored by strong women and men in 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 (a small but brilliantly created plant nursery). I am a successful investor in stocks, options, real estate and am happy to share my finance and investment lessons. I am NOT a licensed financial advisor. Please do not construe my suggestions on this blog as recommendations for your situation. As an investor, you must establish your risk/loss tolerance. Investment in any asset involves risk, including complete loss.
Please seek your licensed CPA or fiduciary financial advisors for individual financial advice.
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