Showing posts with label Today in Classism. Show all posts
Showing posts with label Today in Classism. Show all posts

This is what privilege looks like.

a Pew Research chart showing the median net worth of households by race in 2005 and 2009. Whites went from $134,992 to $113,149; Hispanics went from $18,359 to $6,325; Blacks went from $12,124 to $5,677.

Wealth Gaps Rise to Record Highs Between Whites, Blacks and Hispanics:
The median wealth of white households is 20 times that of black households and 18 times that of Hispanic households, according to a Pew Research Center analysis of newly available government data from 2009.

These lopsided wealth ratios are the largest since the government began publishing such data a quarter century ago...

From 2005 to 2009, inflation-adjusted median wealth fell by 66% among Hispanic households and 53% among black households, compared with just 16% among white households.

...Moreover, about a third of black (35%) and Hispanic (31%) households had zero or negative net worth in 2009, compared with 15% of white households. In 2005, the comparable shares had been 29% for blacks, 23% for Hispanics and 11% for whites.

...Household wealth is the accumulated sum of assets (houses, cars, savings and checking accounts, stocks and mutual funds, retirement accounts, etc.) minus the sum of debt (mortgages, auto loans, credit card debt, etc.). It is different from household income, which measures the annual inflow of wages, interest, profits and other sources of earning. Wealth gaps between whites, blacks and Hispanics have always been much greater than income gaps.
The piece cites "plummeting house values" as the "principal cause of the recent erosion in household wealth among all groups," which disproportionately affected Latin@s, but, of course, there are other reasons: Whites are more likely to be invested in the stock market (even if merely through a retirement account like a 401k), which recovered its value in a way home equity has not; people of color are more likely to have been targeted by predatory lending; whites are more likely to have inherited wealth; etc.

All of which is a function of privilege.

[Related Reading: Can't Vs. Won't.]

Marcus Bachmann Defends His Clinics

[Trigger warning for homophobia, classism.]

This Star-Tribune article in which Rep. Michele Bachmann's husband defends the clinics they co-own, at which patients can receive "reparative therapy" to degayify them, is getting a lot of attention, and deservedly so, because Marcus Bachmann's explanation—"Is it a remedy form that I typically would use? ... It is at the client's discretion. ... We don't have an agenda or a philosophy of trying to change someone."—is manifest horseshit.

It's hardly worth comment that someone who would even consider "reparative therapy," whether as a standard procedure or only at the client's request, is a bigoted dipfuck without any decency. The noest of all the doys.

So I'm going to highlight this other piece of the article, in which Marcus Bachmann also defends the clinics having accepted federal funds:
In Michele Bachmann's campaign appearances, the Sixth District congresswoman has touted the family's counseling business in references to job creation and entrepreneurship.

Critics say her harsh words about government spending are hypocritical given the state and federal payments that go to Bachmann & Associates.

The Associated Press has reported that the clinics have accepted at least $30,000 in state payments and $137,000 in federal payments. Much of the money was for services to people in Medicaid-backed programs.

Bachmann said federal and state subsidies flow to his business because it doesn't discriminate against patients in subsidized health-care programs.

"It's low income. It's people who are on limited income," Bachmann said. "It is a lower-paying insurance. It's not a money maker. ... So, gee, we get criticized because we take it. And somehow they tie it all in, into my wife because she's the big proponent of less taxes and less programs and so forth.

"So, over and over the bell rings about how we take this federal money," he continued. "Oooh, how evil that is. And I say to you: 'No. It would be evil not to.'"
Setting aside the pathetic awfulness of that rejoinder which suggests David Brent has found a new gig as Marcus Bachmann's PR adviser, I'd like to note the dichotomy Bachmann sets up here: Their clinics can either take federal money, or turn low-income patients away. There is, of course, a third option, which is to treat low-income patients on a sliding scale of what they can afford, without any government subsidies.

But that, naturally, requires cutting into profits.

Now, it's fair enough if the Bachmanns don't want to give away their services for free, or for lower cost. The clinics aren't being run as a charity. But it's mendacious in the extreme to pretend that option doesn't even exist so that you can imply it would be "evil" to not accept government funds because you'd have to turn patients away without it.

And once again, the conservative theory of governance is undermined by conservatives.

The conservative philosophy of limited government (i.e. no social safety net) asserts that charity, philanthropy, faith-based orgs, and business should take care of people in need rather than the government. There are a lot of problems with this idea (starting with the fact that conservatives frequently determine that certain people aren't deserving of charity), but the biggest problem is that the very people who espouse this idea in theory tend to be unwilling to support it in practice.

The Bachmanns' religious ideology prescribes compassion over profits, and their political ideology prescribes bootstraps or charity over accepting government subsidies, but, when it came right down to brass books, the Bachmanns were downright secular socialists in order to protect their profits.