(TSN): Using rice to represent money, a TikTok user meticulously illustrated wealth inequality in the U.S., claiming some of Donald Trump's rich friends bought their way into the government. He showed a pile of rice fore Trump and Vivek Ramaswamy and a massive mound signifying Elon musk's wealth. It is an apt illustration of how money and power equal control. However, African Americans were left out of his numeric estimates. A grain of rice, he said, was worth $200,000, the median income of U.S. households. By this measurement most Black households are far below the threshold and could only be represented by roughly a fourth of the size of a grain of rice.
Here is why wealth inequality exists among Blacks....
In 2023, the median household income for Black families in the United States was $56,490. This was the same as in 2022, and lower than the median income for other racial and ethnic groups.
Due to a lack of generational wealth, the wealth gap for Black American has dwindled since the 1970s leaving the race overall in poor economic condition. While there were noticeable gains by the 2000s catching up is a major obstacle due to a lack of generational wealth, assets and investments compounded by persistent systemic racial disparities. (NOTE: These numbers do not refer to Blacks other country who tend to outpace Black Americans on all markers.)
Existing in a country that practices systematic racism can be futile if there is no survival plan. Check out the video on how the wealthy are neglecting the nation and promoting their own interests and think about how Black Americans, who were relied on to build to build and protect the country for years have gotten the smallest piece of the "pie." Blacks were lagging behind in household wealth when Trump was previously in office. "By 2020, the end of Trump’s first term, median Black and Latino households stand to lose nearly 18 percent and 12 percent of the wealth they held in 2013, respectively" according to an article published on tge website of the Institute for policy studies. .If current trends continue the wealth divide could worsen for Blacks.