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To: neverdem
However, the Compromise of 1976 is now showing its age. The policies intended to build the Black middle class are collapsing in disarray. The housing meltdown wiped out much of the capital the Black middle class had managed to accumulate. Many of the employment opportunities that held the most promise to put more Blacks into the middle class are rapidly diminishing: federal, state and local governments (plus the Postal Service) will be retrenching and cutting wages for some time to come. Manufacturing will not be adding workers. Small, entrepreneurial businesses are often found in places like the exurbs where Blacks are relatively scarce and small, informal start ups tend to hire through the entrepreneurs’ social networks in which few Blacks may be found. Anti-discrimination laws work best at large, bureaucratic institutions: exactly the kind whose hiring rates are likely to slow.

What about the collapse of the Black family and urban public immigration? Or the stress created by the importation of a new underclass thanks to our immigration policy? What of the related competetition from the new larger Hispanic minority and grievance lobby? How do you talk about race in America and not talk about immigration? The America of 1976 gave birth to children 2/3rds of whom were white. The America of 2020 will give birth to a majority minority population thanks to immigration.

The housing bubble was largely created by racial-redistribution by means of lowering lending standards. That less credit-worthy people would be hurt the most when the bubble collapsed was ignored by our elites.
15 posted on 08/16/2011 12:09:20 AM PDT by rmlew ("Mosques are our barracks, minarets our bayonets, domes our helmets, the believers our soldiers.")
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To: rmlew
What about the collapse of the Black family and urban public immigration? Or the stress created by the importation of a new underclass thanks to our immigration policy? What of the related competetition from the new larger Hispanic minority and grievance lobby? How do you talk about race in America and not talk about immigration? The America of 1976 gave birth to children 2/3rds of whom were white. The America of 2020 will give birth to a majority minority population thanks to immigration.

The housing bubble was largely created by racial-redistribution by means of lowering lending standards. That less credit-worthy people would be hurt the most when the bubble collapsed was ignored by our elites.

I believe the author noted those problems in earlier columns, IIRC. Maybe I posted some of those.

16 posted on 08/16/2011 4:20:28 PM PDT by neverdem (Xin loi minh oi)
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