Black people love to spend money. Purchasing flashy items to adorn the ear lobe, teeth, neck, body, feet, car or other property is the primary reason saving money for the future is greeted with difficulty in the Black community.
Though most Black children aspire for a career as a professional athlete, the onus on the barbershop will continue to grow as these dreams are continually dashed and graduation rates plummet.
It is for these reasons (and a myriad of others) that a recent study on income disparities between the racial groups becomes so frighteningly obvious:
Barbershops provide steady employment (Black people don't like their own hair that much and rely on Korean businesses for remedies to ameliorate nature's cruelty), but the paycheck pales in comparison to whitey's.
Businesses have no incentive to discriminate, for the power of the EEOC to destroy small, medium or large firms over lawsuits grows by the day. The government provides outstanding jobs paying well above the private sector, but only so many are available. High unemployment is also a nagging problem.
Just as Black people practice "Waiting for Superman" to improve education and thereby removing the racial gap in learning, Black people await passing Go and collecting $200 in an all-out bid to remove income inequities.
Sadly, Black people are stuck with self-blighted properties and land behind bars in numbers far out of proportion to their number in society, while dreams of landing on Boardwalk and Park Place are replaced with a perpetual existence in the proverbial Baltic Avenue:
Today, African American men working full time and year round have 72 percent of the average earnings of comparable white men. For African American and white women, the ratio is 85 percent. And during good times and bad, the black unemployment rate is typically stuck at about double the white rate.
The persistence of these gaps is the subject of both a scholarly and a popular debate that is ideological as well as technical.
There are two broad views of what is occurring. One view attributes persistent earnings inequality to the injuries of social class compounded by the legacy of segregation and slavery: family background and poor schools and a resulting deficit of cognitive skills are said to explain most of the gap. But a second strand of thinking identifies changes in the labor market and lingering racial discrimination as major factors.
It's not as if this debate is just so much conjecture. There is an extensive body of research on the subject. Numerous studies, in fact, find that not even half of the racial differences in test scores can be explained by family background and school quality. They also show that the economic returns to the test scores and their determinants vary by race and that even when test results are effectively equal, racial earnings gaps remain. So, plain discrimination remains part of the story.
Income inequality will forever haunt Black people who desire to move on up, and for this reason it must be included in Stuff Black People Don't Like. Spend an hour on this Web site, and you might understand why these income inequalities really exist.