: Andrew Wayne Austin <aaustin@utkux.utcc.utk.edu> writes:
>In the US, intact black families, on the average, are poorer than white
>single female families. I suppose this reflects of a problem of black
>families not having a "fiercely burning" "desire for education."
>
I don't know what Andy claims here.
I have already pointed out that while US people's incomes are pretty much
level by age and education, regardeless of "color", there is neverhteless a
group called "black familes"who have less assets than most other groups.
I have also, following the Fed's excellent and astringent ways, pointed out
why this is so: a couple of generations of banks cheating black working
people with good credit and normal mortgageable property.
This is a deep shame and horror.
I think, however, that good policy is better served by the style of clean
analysis to which I aspire than by the heavy histrionics with which Andy
bores us daily.
-dlj.