I thought I would celebrate MLK day by asking one simple question: Are american blacks an economic asset or a liability?
First a few things here- some of this may be interpreted a little, especially over the question of whether you consider government workers helpful or not. But in the end the private sector has to pay those workers salaries, so I'm putting them on the cost side of the ledger. I'm saying that they are a net wash as I can make good cases that all those black people working at the dept. of education are miserable failures and the DOJ is causing economic harm due to its racial war on white america.
Some numbers are more accurate than others, but I'm satisfied that this is accurate to 10%.
Start with the costs, and I'm adding quotes to emphasize that blacks and liberals look at this as absolutely 'good' that blacks are dependent on government and that cuts are harmful. In other words they all but admit that blacks are an economic ball and chain. Sorry if this seems disjointed somewhat, I'm not interested in taking the time to polish things up.
http://www.opm.gov/policy-data-oversight/diversity-and-inclusion/reports/feorp2011.pdf
âIn 2011 : 17.8% federal employees were black 345,679â
http://www.huffingtonpost.com/2011/06/07/black-unemployment-government-jobs_n_872168.html
âBlack Unemployment Crisis: Loss Of Government Jobs Hurts African Americans Hardestâ
http://www.dol.gov/_sec/media/reports/blacklaborforce/
18 million blacks employed or looking for work, 61.4% labor force participation rate
1) Unemployment checks: 15% unemployment rate = 2.7 million people so that's $40B a year
2) 20% of employed blacks (3.6 million) worked for government at all levels, conservatively then $180B a year in salary and benefits
3) SSI recipients: hard to get this one since race data isnât clear, conservatively take it as $80B a year or roughly 15% of the total take. Black children get a lot since adults die sooner.
4) SSDI : $17.7 B a year
http://naacp.3cdn.net/00b59bd907eb4a22ff_xwm6vaw21.pdf
5) cost of crime and imprisonment: http://www.guardian.co.uk/commentisfree/2012/jan/15/jail-reflects-collapse-black-communities-us
1 in 3 black men will go to jail (then probably 40% of all black men are criminals), 10% of adult black men are now in prison, or about 1 million at a cost of $40K per year. $40B a year for imprisonment, estimate another $20B a year economic costs of crime (policing, insurance, property damage, medical etc.). $60B a year for crime
And the other social costs of black crime?
http://www.americanthinker.com/2012/06/will_american_liberals_ever_wake_up.html#ixzz2Id9zqaGS
6) estimate $200B a year in other welfare spending on blacks at all levels of govât (40% of about a half trillion conservatively, the generally accepted share of the black community welfare aid) (SCHIP, SNAP, EIC, minority education spending, medicaid, medicare, (non-retirement), head start, free cell phones, all other the minority bullshit).
So then are the 14.4 million privately employed blacks are âpayingâ for what black America costs us, or $578B a year?
At least half donât pay anything and in fact are takers themselves since their wages are lower than average, so 7 million people are to be paying $578B, or $82,500 per black taxpayer. No way, we all know that isnât anywhere close to reality, even if you account for other taxes such as corporate.
Martin Luther King day, a celebration of black failure and the dependent people who are dragging us to the bottom.
First a few things here- some of this may be interpreted a little, especially over the question of whether you consider government workers helpful or not. But in the end the private sector has to pay those workers salaries, so I'm putting them on the cost side of the ledger. I'm saying that they are a net wash as I can make good cases that all those black people working at the dept. of education are miserable failures and the DOJ is causing economic harm due to its racial war on white america.
Some numbers are more accurate than others, but I'm satisfied that this is accurate to 10%.
Start with the costs, and I'm adding quotes to emphasize that blacks and liberals look at this as absolutely 'good' that blacks are dependent on government and that cuts are harmful. In other words they all but admit that blacks are an economic ball and chain. Sorry if this seems disjointed somewhat, I'm not interested in taking the time to polish things up.
http://www.opm.gov/policy-data-oversight/diversity-and-inclusion/reports/feorp2011.pdf
âIn 2011 : 17.8% federal employees were black 345,679â
http://www.huffingtonpost.com/2011/06/07/black-unemployment-government-jobs_n_872168.html
âBlack Unemployment Crisis: Loss Of Government Jobs Hurts African Americans Hardestâ
http://www.dol.gov/_sec/media/reports/blacklaborforce/
18 million blacks employed or looking for work, 61.4% labor force participation rate
1) Unemployment checks: 15% unemployment rate = 2.7 million people so that's $40B a year
2) 20% of employed blacks (3.6 million) worked for government at all levels, conservatively then $180B a year in salary and benefits
3) SSI recipients: hard to get this one since race data isnât clear, conservatively take it as $80B a year or roughly 15% of the total take. Black children get a lot since adults die sooner.
http://www.theroot.com/views/why-african-americans-should-care-about-social-security
Another alarming statistic: One of every five black children relies on Social Security because of retirement, death or disability of the primary household breadwinner. Children constitute a larger proportion of black Social Security beneficiaries (11.8 percent) than white beneficiaries (4.3 percent), the report said
http://www.huffingtonpost.com/earl-ofari-hutchinson/gutting-social-security-w_b_971818.html
The other danger is the soaring poverty numbers. Social Security stands squarely in the middle of the two dangers. The recent census report found that the number of Americans in poverty has hit a near all time high. A disproportionate number of those are blacks and Hispanics. This is where privatizing or any tweak, reduction, or downsize of Social Security would virtually guarantee that the economic pain to blacks and Hispanics would be unimaginable
The Joint Center for Political and Economic Studies warns African Americans to wake up and speak up, because their "dependence on the system is great." As the Joint Center notes in a report released this month, blacks rely heavily on those monthly Social Security checks. Indeed, in two of every five black households of retirees age 65 or older, Social Security is their only source of income.
4) SSDI : $17.7 B a year
http://naacp.3cdn.net/00b59bd907eb4a22ff_xwm6vaw21.pdf
(Thatâs 1.48 million on SSDI!)âSocial Securityâs disability insurance benefits are critical for African Americans who
are nearly 13 percent of the population but 17 percent of all Social Security
disability recipients. The average monthly benefit for black disabled men is $1061
and $912 for black disabled women.â
5) cost of crime and imprisonment: http://www.guardian.co.uk/commentisfree/2012/jan/15/jail-reflects-collapse-black-communities-us
1 in 3 black men will go to jail (then probably 40% of all black men are criminals), 10% of adult black men are now in prison, or about 1 million at a cost of $40K per year. $40B a year for imprisonment, estimate another $20B a year economic costs of crime (policing, insurance, property damage, medical etc.). $60B a year for crime
And the other social costs of black crime?
http://www.americanthinker.com/2012/06/will_american_liberals_ever_wake_up.html#ixzz2Id9zqaGS
From New Century Foundation's The Color of Crime, we learn:
⢠Police and the justice system are not biased against minorities.
⢠Blacks are seven times more likely than people of other races to commit murder.
⢠Blacks are eight times more likely than people of other races to commit robbery.
⢠When blacks commit crimes of violence, they are nearly three times more likely than non-blacks to use a gun, and more than twice as likely to use a knife.
⢠Blacks are an estimated 39 times more likely to commit a violent crime against a white than vice-versa, and 136 times more likely to commit robbery.
⢠Blacks are 2.25 times more likely to commit officially-designated hate crimes against whites than vice versa.
⢠Of the nearly 770,000 violent interracial crimes committed every year involving blacks and whites, blacks commit 85 percent and whites commit 15 percent.
6) estimate $200B a year in other welfare spending on blacks at all levels of govât (40% of about a half trillion conservatively, the generally accepted share of the black community welfare aid) (SCHIP, SNAP, EIC, minority education spending, medicaid, medicare, (non-retirement), head start, free cell phones, all other the minority bullshit).
So then are the 14.4 million privately employed blacks are âpayingâ for what black America costs us, or $578B a year?
At least half donât pay anything and in fact are takers themselves since their wages are lower than average, so 7 million people are to be paying $578B, or $82,500 per black taxpayer. No way, we all know that isnât anywhere close to reality, even if you account for other taxes such as corporate.
Martin Luther King day, a celebration of black failure and the dependent people who are dragging us to the bottom.