Visualizing America’s Wealth Inequality (From The Sky Above Baltimore)

Via StockBoardAsset.com,

Earlier this year, JPM’s Racial Wealth Divide Initiative desk released an interesting report titled “The Racial Wealth Divide in Baltimore”. The report highlights the ever so growing wealth inequality that is spreading throughout America’s inner cities, and takes a dive into Baltimore City, Maryland.

If you’ve ever been to Baltimore City, Maryland, there are benches across the entire town that read ‘the greatest city in America’. This is a half truth, because at one point this was true, but not so much today with population hitting a 100-year low according to latest data from the U.S. Census.

Decades of deindustrialization and 50-years of democrat controlled leadership has certainly contributed to Baltimore’s demise. Think of Baltimore as a Hunger Game Society with the ‘Capital’ being the water front and the ‘Districts’ the so called ghettos. The ‘Capital’ is ever-so expanding, but the ‘Districts’ or the ghettos are shrinking. There are nearly 46,800 vacant row homes in the ghettos, where the homicide rate is 2x of Chicago’s


In JPM’s report, Baltimore’s population is 63% black, 28% white, and 9% other. The median income for a white household is nearly 2x the income of the average black household. Unemployment is nearly 3x higher for the ‘race of worker of color’ with nearly 1/3 having a net worth of zero.

The housing segregation between blacks and whites is visible…

The black population of Baltimore City, Maryland has absolutely been destroyed by 50-years of Democrat controlled leadership.

As Baltimore shrinks, the inverse of vacant structures expands with an interesting correlation of higher homicides.

What I’m about to show you is a unique visualization of America’s wealth inequality through an aerial experience of Baltimore City, Maryland.

In the video, we start 1-mile north in East Baltimore, where the homicide rate is 2x higher than Chicago, and row homes average around $20,000.

I then take you on a +5280 feet adventure into an area where life is great and row homes average $375,000 to >$500,000. In retrospect to distance, 5280 feet is all that divides the poorest and richest of American.

The mainstream news is not allowed to show you this perspective of reality, because it destroys the narrative. Baltimore City’s public relations desk will not show you this because the good PR needs to continue to sucker millennials’ into over priced real estate. 

The more we ignore our inner cities the longer it will take to find solutions.

The sad truth is there are no solutions today, because we wouldn’t be having this conversation. The storm is here and it’s going to get a-lot worse for America’s inner cities before it gets better.

 

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34 Comments
Unreconstructed Southerner
Unreconstructed Southerner
July 22, 2017 7:06 am

I’ve no empathy for them and I certainly have no guilt. Contrary to the politically correct, communist media narrative, everything that has “befallen” the negro is due to the negro itself. They are so far beyond any sort of societal reclamation the best that can be hoped for is that they continue to kill one another off. One dead negro plus one incarcerated negro equals 2 negros no longer threatening civilized society.

Unreconstructed
Unreconstructed
  Unreconstructed Southerner
July 22, 2017 11:11 am

But whitey still has to feed the one in jail?

Gay Veteran
Gay Veteran
  Unreconstructed Southerner
July 23, 2017 12:44 pm

“…verything that has “befallen” the negro is due to the negro itself….”

not quite, they weren’t the ones who shipped MILLIONS of American jobs overseas.
I live in Bmore, we need JOBS

james the deplorable wanderer
james the deplorable wanderer
  Gay Veteran
July 23, 2017 1:09 pm

Ever wonder if a few of those jobs left with the merchants who were shoplifted out of profitability? More with the manufacturers who were taxed into non-competitive positions? Perhaps more with the folks who just got hit with the soda tax from hell?

Baltimore isn’t alone, but so many cities now seem to have a death wish: endless padded pensions for state and city employees, limitless fees and fines on every turn, boundless revenue-enhancing measures that starve the private sector of capital. I got a damn parking ticket last week: $35 for a parking ticket! Doubles to $70 if you don’t pay or file an appeal in one week; helpfully, the “highest fee amount” was something like $150! For a damn parking ticket!

Parking ticket pushers will be early against the wall when the revolution comes – or maybe we’ll just release the hounds and hunt them down for sport.

hardscrabble farmer
hardscrabble farmer
July 22, 2017 7:29 am

It’s as if they’ve used movie Trading Places as the foundation of all our social policies for the last 60 years.

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EL Coyote
EL Coyote
  hardscrabble farmer
July 23, 2017 5:06 pm

I’m not sure if I’ve seen that movie entirely. I didn’t like the premise.

Eddie Murphy’s entire message in his early movies was that lying works in a world where honesty is expected. It totally subverted a generation. Nowadays, being called a liar is no worse than being called a cuckold or a homosexual, it’s no longer a matter of honor. The cucks and fags have formed a political party.

Sidney Poitier aside, once the blacks got beyond the blaxploitation films, we got nothing but trash-talking black actors. Mugging, hamming it up and talking smack pass for acting. Denzel and Ving aside, most black actors are insufferable idiots cashing in on their comedian celebrity or their badass persona.

Maybe I’m stuck in my junior high world (did you see my Like a Rolling Stone/American Pie comparison?) of ’67 when there was a balance between rock and soul. Disco and rap were non-existent; unexpected and unsuspected. It was the best of times and the worst of times, I guess, but it was perfect.

Boat Guy
Boat Guy
July 22, 2017 7:53 am

The industries that paid high union wages evaporated and the city continued to raise taxes on home owners to a point where there were no homeowners . Never fear as these properties become known as distressed bottom feeding investors purchased properties at pennies on the dollar . Then the rehab pirates went to work putting lipstick on a pig and getting it pass a section 8 voucher process . Now the landlord has a rental income 2 to 3 times higher than the market would in real bussiness investment support and the city receives tax revenue from what would be a vacant abandoned property . Sounds like a win win ? For everybody but the once would be home owner and the few homeowners still living in the block and Mr & Mrs Taxpayer . It’s a free money ride for the land lord and the city at the expense of everyone else !
Now the section 8 vouchers can be applied to most rental units and it’s illegal to refuse it in many cases so now the poor families with lower expectations in many cases move to the surrounding counties . There the garden apartment communities with a pool excercise room and community center . Why would you live in the city when you can get better schools and housing free but free for who ???
Now the city properties are boarded up and insurence companies are abandoning the city . The 2 tricks property insurers are pulling 1) we no longer insure properties with flat roofs 2) if a certain number of houses in a block are boarded up and abandone we no longer insure homes in a blighted block . So now even investors are refusing to take on city properties and the spiral continues .
Harbor Place , Camden Yards , M & T Bank Stadium and the Casino all creating a gentrified area and of course the next big failure coming up Port Covington with Under Armor executive beating the drum for investors until the Sports Authority went down in flames as did Under Armor stock and the drum fell silent .
Add in decaying schools and a generation of “dindos” that idolize the likes of Freddie Gray a career nusence criminal who would have cashed in if he survived injuries recieved during the course of arrest 22 I believe .
Let’s not leave out a series of mayors that border on either ignorant or stupid . One uses gift cards donated to benefit underprivileged children at Christmas to purchase herself gifts and the other orders the police to stand down and allow burning rioting and rock throwing at police to go unchecked and that sums up Baltimore .
My family had 2 businesses in the city and liquidated them when my brother and I were very young . It all makes sense why now .

starfcker
starfcker
  Boat Guy
July 23, 2017 12:39 am

Boat guy, you got that nailed.

Gay Veteran
Gay Veteran
  Boat Guy
July 23, 2017 12:47 pm

“The industries that paid high union wages evaporated….”

evaporated??? they were moved to China, India, etc.

EL Coyote
EL Coyote
  Gay Veteran
July 23, 2017 5:57 pm

Literary license to illustrate the fact they were teleported to China.

MarshRabbit
MarshRabbit
  Boat Guy
July 23, 2017 5:29 pm

By the way, what crime was Freddie Gray being arrested for when he died?

EL Coyote
EL Coyote
  MarshRabbit
July 23, 2017 5:52 pm

Wasn’t he a known drug dealer?

hardscrabble farmer
hardscrabble farmer
July 22, 2017 8:01 am

If they actually believe in this tripe the easiest solution would be to simply change the valuation of the homes.

It would only require a few keystrokes on some city computer. If all that alters the crime rate is the value of the home, making a 10K home worth 200K would stop crime in its tracks.

ragman
ragman
July 22, 2017 8:14 am

At the rate the nigs replicate themselves 50yrs is about 3 generations. Three generations of no fathers, no jobs, no nothing except lazy, ignorant sub-human garbage that can/will do nothing except destroy civilization. There is simply no hope for inner city Baltimore, Chicago, St Louis, Memphis, Detroit, &TC.

norman franklin
norman franklin
  ragman
July 22, 2017 8:33 am

Another East Coast shithole being dragged back to the dark ages by feral dindo’s. Color me shocked and surprised.

MJH1963
MJH1963
July 22, 2017 8:35 am

I’m a native Baltimorean that left the city and the state about 3 years ago, moved south and only occasionally go back to visit family. For the most part the article paints a very realistic view of Bmore. Things are spiraling well out of control and events are quickening. Black population now approaches 70%, all major city departments and all levels of elected government are run by blacks and have been for the past 2+ decades. Heavily socialist democrat and exceedingly corrupt. Except for the few white areas around the harbor, Roland Park or Homeland, the place is beyond a complete mess resembling a bombed out Beirut Lebanon. And though not overtly stated in the 16 page report linked to the article, it seems to suggest that because whites have succeed their success created a “disparity” in an otherwise noble but poor black population. I wonder who can believe that all of this damage is / was done by an ever receding minority white population? Problem is, blacks run the place and I’m so sick of being blamed for all of the problems they face. They own Bmore now. Let them fix it. I’m out…

Anonymous
Anonymous
July 22, 2017 9:02 am

I imagine the images reflect education inequality more than wealth inequality.

Maybe we should institute some kind of public schools in the poor areas so they too can have the opportunity for an education the same way the wealthy do.

Anonymous
Anonymous
  Anonymous
July 22, 2017 9:36 am

I assume you are kidding, right?

Unreconstructed Southerner
Unreconstructed Southerner
  Anonymous
July 22, 2017 11:23 am

To say nothing of the intellectual and moral “inequality”………

crawfisher
crawfisher
July 22, 2017 9:44 am

Baltimore, Detroit, St. Louis all represent the top 20 cities in the US. The only people who live there are the very rich and very poor. I bought property 2 hours away from the nearest big city, can you say rural, to get away from big city culture. Rural areas have their problems too, but not as violent or hate filled.

TampaRed
TampaRed
  crawfisher
July 22, 2017 10:56 am

if the poo ever truly hits the fan 4 an extended period there will be a lot of preppers who find out that 2 hours away wasn’t far enough–

Miles Long
Miles Long
  TampaRed
July 22, 2017 12:11 pm

SHHHHHHH. Dont tell anybody.

KaD
KaD
  TampaRed
July 22, 2017 7:15 pm

I don’t know, how many of the obese ghetto dwellers do you think will be able to walk 100+ miles?

TampaRed
TampaRed
  KaD
July 22, 2017 7:45 pm

a helluva lot more than you know-
also,huge #s are not obese but they will be desperate and hungry–
in addition,it won’t just be ghetto folks who you will need to be leery of–

TampaRed
TampaRed
July 22, 2017 11:03 am

Baltimore-the former Shangri-la of the working man.

overthecliff
overthecliff
July 22, 2017 11:19 am

Life is hard and it’s harder when you’re stupid.

Suzanna
Suzanna
July 22, 2017 12:04 pm

You know what? I don’t care. I was chased out of
my city due to high taxes and Black crime.
Blacks are afraid of rural enclaves. Think people
walk around with a shotgun in the crook of their
arm. Some actually do. People live here because they want to be left alone. I feel this way, other too.

Not to be a story jerker, but Mom and Pops came to the
US determined to work hard and establish a base.
Constant night classes, dragging themselves up
inch by inch, working hard…that was the price.
Language barrier/strong accents/no outside
support and the worst: fresh out of Germany.
Plus they shared the little bits they had. A 1/4
cup sugar, 1/2 cup coffee, etc. Those got sent to
E. Germany, in the requisite coffee can. There were
restrictions. The East had virtually nothing. So,
the packages that got through were treasured.

Miles Long
Miles Long
  Suzanna
July 22, 2017 12:24 pm

There are rural blacks around here that I would trust more than some white folks I’ve known. But not too many.

Baltimore is not news, just accelerating. I had a good friend in school (late 60s) whose family sent him north to stay with friends & to get him away from there.

This was written in the mid 70s.
https://www.youtube.com/watch?v=tV0aXEJW8es

Montefrío
Montefrío
July 22, 2017 1:30 pm

Send in Prop Joe:

IndenturedServant
IndenturedServant
July 22, 2017 3:13 pm

It seems to me that if you had half as many kneegrows the “problem” would be halved or more. Therefore, the solution is less kneegrows and if you want to accelerate the effect, keep the employed kneegrows at least until you run out of unemployed kneegrows.

You might also train the unemployed kneegrows to fix up the vacant real estate for whyte families to move back in but that might be an exercise in futility like herding cats.

KaD
KaD
  IndenturedServant
July 22, 2017 7:17 pm

Make implanted birth control mandatory to receive welfare.

TJF
TJF
July 22, 2017 10:39 pm

I’m just glad one of the 12 o’clock boys made it into the video.

MarshRabbit
MarshRabbit
July 23, 2017 4:34 pm

Baltimore & St. Louis are the last two major Independent Cities (that is a city not part of a larger county). As such, Baltimore is financially isolated. I support The Kaufman Plan (named in honor of civil rights activist the late Bob Kaufman). Bob proposed dis-incorporating the city and let it revert back to Baltimore County (which it was before 1797). Then let the county & state deal with it.

Bub_g
Bub_g
July 11, 2020 1:34 am

The row houses don’t look all that bad. I grew up in that kind of neighborhood. There were 9 guys in my 3-yr-span cohort. 2 did hard time,lost track of them. 1 drank himself to death by by 35. 1 made a career in retail sales, 3 had manufacturing labor jobs, 1 of those died of heart failure at 52, rest now retired to FL and AZ. One1 started his own business, retired to to golf in Palm Springs at 60. I got a scholarship and a STEM degree, now retired comfortably.

It isn’t how poor the neighborhood is, it’s what are the expectations. Not just our families, but everyone there expected you to, essentially, not be a bum.

In short, (most of) black Baltimore has a culture problem. The culture that accepts welfare and the hustle as normal will remain a disaster.