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Saturday, April 13, 2024

Study shows Blacks paid much less than whites

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The U.S. Census Bureau has released a study stating that African Americans earn far less than whites. Also, the study concludes that there has not been much progress in reducing the gap in pay.

Per-capita income for African Americans is only $18,054, compared with $28,502 for white Americans. Therefore, African Americans earn just 57.9 cents for every dollar earned by whites.

The study goes on to show that over half of all working African Americans over the age of 15 earn under $35,000 per year. All the while, 10.8 percent of all whites earn over $100,000 per year, while just 3.3 percent of Black people have reached that mark.

Some have argued that much of the gap in pay is due to differences in educational achievement. Only 19.7 percent of African Americans have a bachelor’s degree or higher, compared with 32.6 percent of whites.

Education is the key to getting ahead economically in the U.S. When you refuse to invest your time in education, you are begging for a life of poverty and missed opportunities. You are also giving away the ability to control your own destiny. By choosing to ignore the value of education as a critical part of our culture, some of “us” are working hard to remain part of the great American underclass. I am also hopeful that one day we will realize that allowing inner-city schools to remain so inadequately funded amounts to a blatant human rights violation. Our country should be ashamed of the way we allow so many young minds to go to waste.

Secondly, discrimination certainly plays a role. Many middle class African Americans are as angry as those in the lower classes, after seeing that even when they play the game and become educated, they are still passed over for opportunities. One of the reasons I so vehemently opposed the nomination of Elena Kagan to the Supreme Court is that she is an embodiment of many within academia and corporate America, who claim that it’s difficult to find qualified minorities, yet they find reasons to exclude every qualified minority who applies for the position. In effect, the marginalization of Black professionals and the habit of excluding them from business opportunities often leads to African Americans having lower incomes, even when we are well-educated.

What’s the solution? Black folks have to find ways to build wealth and own things. This is not just a matter of making money; it’s also a matter of having power and control over our own outcomes. Black unemployment will always be higher than that of whites until African Americans create and fight for opportunities to own our own businesses.

This is going to come through the creation of incentives through federal and state governments (which we fund with our tax dollars), as well as our community having the initiative to build and create sustainable institutions for ourselves.

The bottom line is that power and prosperity go hand in hand. Those who win the game are usually the ones who control it.

Dr. Boyce Watkins is the founder of the Your Black World Coalition and a Scholarship in Action Resident of the Institute for Black Public Policy.

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