Discover and read the best of Twitter Threads about #RacialWealthGap

Most recents (8)

This is why we push for #Reparations a 400+DEBT OWE exclusively to #ADOS(American Descendants Of Slavery) by GOV at the Federal Level.
#Biden's Student Loan Forgiveness Plan Doesn't Do Enough for Black Americans
msn.com/en-us/news/us/… #studentloanforgiveness
"I won’t benefit from Biden’s plan to cancel up to $10,000 of student loan debt (or up to $20,000 for Pell Grant recipients) for individuals making less than $125,000 a year."
"And though I don’t find the reasoning behind the income cap dispositive,I get the basic idea:those with higher incomes, like myself,can generally handle their loans more easily than those with lower incomes."
Read 12 tweets
One of Biden's most conspicuously broken promises is student debt cancellation. This isn't a nightmare from the Machin Synematic Universe, either: Biden can #CancelStudentDebt on his own, at the stroke of a pen, in the form of an Executive Order.

debtcollective.org/flick-of-a-pen/ 1/ The Debt Collective's banner for its student debt strike. It
If you'd like an unrolled version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

pluralistic.net/2022/03/06/i-w… 2/
Biden has the legal power to erase 100% of outstanding federal student debt. It's a wildly popular proposal that would end the nation's student debt crisis, lifting a crushing burden ($1,887,820,825,648 as of this writing!) from millions of Americans.

3/
Read 28 tweets
This is the #DemPartyPlatform for This section is called: Putting Homeownership in Reach and Guaranteeing Safe Housing for Every American. Only one party has a specific plan for rebuilding the great American #MiddleClass. 1/11
Democrats will enact a new Homeowner and Renter Bill of Rights to protect families from abusive lenders and landlords. 2/11 #DemPartyPlatform #affordablehousing #HousingRights
#Democrats will empower renters by working to establish a national tenant right to organize, and support outreach and education to help tenants advocate to preserve and expand affordable housing. 3/11 #DemPartyPlatform #affordablehousing #TenantRights
Read 11 tweets
If elected, you/@GOP won't hold employers of these low wage jobs that don't provide good benefits or pensions accountable, you just want Blacks mad at Latinos. You don't support Reparations for Blacks, #Fightfor15 or closing the #RacialWealthGap. #BlackPolitics #BlackVote #ADOS
Those poultry jobs @jamestulp talked about don't fix the #WageGap

More Than Half of Black and Latino Workers Are Paid Less Than $15 an Hour
time.com/4446828/econom…
Read 25 tweets
.@JamalSimmons pls stop being a Clinton-Obama apologist and have @profwolff @thomasfrank_ @RBReich @SandyDarity @DarrickHamilton on his show ASAP. Wages have been STAGNANT. The dotcom boom BUSTED. NAFTA outsourced manufacturing & living wage jobs. The #RacialWealthGap persists.
.@NLIHC Aug 2013 Report Shows African Americans Lost HALF Their Wealth Due to Housing Crisis and Unemployment
nlihc.org/resource/repor…
.@guardian Sep 2017 Median wealth of black Americans 'will fall to ZERO by 2053', warns new report by @Jamiles

Study predicts huge and growing gulf between white US households and everyone else could be disastrous for future of America’s middle class
theguardian.com/inequality/201…
Read 13 tweets
Announcing our most ambitious initiative yet...The Witness Foundation! Our mission is to promote the spiritual and material flourishing of Black people by funding the work of Black Christian ministries.
thewitnessfoundation.co Image
One legacy of race-based chattel slavery is the #racialwealthgap. For centuries, slave holders stole Black labor. That injustice has never been addressed. Today the typical white family has 10x or more wealth than the typical Black family.
cbsnews.com/news/racial-we…
This racial wealth gap affects not only Black people's ability to purchase homes or pay for college tuition. It affects ministry, too. Many Black Christians do not have the generational wealth or access to personal networks to raise money for ministry. So what do we do?
Read 6 tweets
.@FSCDems Subcomm on Diversity & Inclusion's Race & Gender-Based Wealth Gaps Hrg:

Chairwoman @RepBeatty (D-OH-3)'s Opening Stmt, where she referenced Richard Rothstein's #ColorOfLaw. @EconomicPolicy @TMI_LDF #RacialWealthGap
epi.org/publication/th…

c-span.org/video/?c481930…
.@FinancialCmte Subcomm on Diversity & Inclusion's Race & Gender-Based Wealth Gaps Hrg:

Ranking Member @RepAnnWagner (R-MO-2)'s Opening Stmt.

@payscale 2018 #GenderPayGap
payscale.com/hr/gender-pay-…

@RepStefanik #HR1935 #WageEquity
govtrack.us/congress/bills…

c-span.org/video/?c481931…
.@FinancialCmte Subcomm on Diversity & Inclusion's Race & Gender-Based Wealth Gaps Hrg:

Ranking Member @PatrickMcHenry (R-NC-10)'s Opening Stmt.

McHenry supports financial literacy training, FMLA changes, childcare policies & higher STEM participation.
c-span.org/video/?c481931…
Read 25 tweets
For #PiDay + #WomensHistoryMonth, I honor an eminent, glass-ceiling-breaking mathematician, Dr. Loretta Marion Murray Braxton. In the 1950’s, her 1st math prof in college in VA told her that she was in the wrong classes, b/c "only boys took higher-level math classes."1/14
Undeterred, Loretta Braxton won an NSF to do an MS in math in a top program at the University of Illinois, obtained a doctorate, and taught the 1st African American who formed a billion-dollar company, Reginald Lewis. #PiDay #Fearless 2/N
As a math teacher, professor, and 15 years as chair of the math department at @VSUTrojans, Loretta Braxton mentored several generations of math students, many of whom became teachers + college or university professors themselves. #BlackAndSTEM 3/14
Read 14 tweets

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