Speyside2 wrote:Also, what do you mean by free property?
Let's say a WWII vet returned home, took advantage of benefits and purchased a modest home, say a slab ranch, in one of the zillions of post war developments that energized and massively multiplied the middle class in America under Truman and well more under Eisenhower...let's say a 30 year old in 1950.
Maybe it cost between 12 and 15 thousand?
Upon the vet's death, the likely paid off house is inherited by the kid(s). Free property upon which anywhere from modest to maybe significant growth can result. Kids living better than parents happened a lot from generation to generation in many American families. Not much of that financial gain happens for generations stuck in tenements.
This extremely common scenario in America is just an example of a way for some families to avoid or stay out of poverty, or at least for those eligible. Not all were eligible.
I haven't mentioned restrictions of business loans, venture capital opportunities.
Despite what appears to be a limited to race position I am expounding, I am not limited to that belief.
I think we have a "poor class" in this country that is made up of more than a race or two. But I was trying to offer up how part of that class has been created and not blame the victims at the same time.
