/* Blacks and Hispanics spend up to 30% more than whites of comparable income on visible goods like clothing, cars and jewelry. This means that, compared to white households of similar income, the typical black and Hispanic household spends $2,300 more per year on visible items. To do that, they spend less on essentials and save less. */ Despite sacrificing some accuracy in favor of being politically correct (thus, saving the authors' jobs) this article observes the tendency of non-white minority men and women to spend their money on status symbols instead of building wealth. This leads to a visible disparity in wealth, which in turn compels the pro-minority media, pro-minority groups, and minority-appeasing government leaders to conclude that the bogeyman of 'white racism' must be to blame. Of course, culture, not race, is the real culprit, but with all public-facing institutions unanimously supporting the Marxist/Caucasophobic explanation of economic differences, little progress can be made.
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