NCPA - National Center for Policy Analysis

HOW MUCH RACISM IS THERE?

October 30, 1995

While some whites undeniably harbor racist sentiments, the broad mainstream of white Americans supports and applauds the achievements of black Americans.

  • Blacks are among the richest and most popular figures in the sports and entertainment world.
  • Between 1973 and 1994, current dollar revenues of the top 100 black-owned industrial companies rose from $473 million to $6.7 billion - plus another $4.9 billion if auto dealerships are included.
  • After controlling for age, IQ and gender, the average black fulltime worker actually earns 1% more than his white counterpart.

Since married men of all races earn some 30% more than single men, the figures when corrected for this factor show that black men have a dramatic edge in earnings over white men.

Source: George Gilder, "The Roots of Black Poverty," Wall Street Journal, October 30, 1995.

 

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