Que
aʒɑ̃ prɔvɔkatœr
- Joined
 - Dec 3, 2009
 
- Posts
 - 39,882
 
Mostly I agree. It would make more sense to dump more winning tickets in teh areas you want to bankrupt. However the bolded sounds like something that you copied without thinking about it. Blacks on average have the lowest income in the US. If they can afford it AT ALL they spend a greater percentage of their wealth on it than the rich. I'm sure the rich spend a great percentage of their money on yachts and leer jets and trips to Paris but C'mon I buy like two pairs of jeans, a belt and three shirts a year and I still spend a greater percentage of my income on clothing than probably most rich. Why? because 3/100 is three percent. 3,000/1,000,000 is point three percent.
Bigger fish is bigger even if it's spending a smaller percentage of it's income.
I'm basically the same way, I buy $20 bucks on new years because my grand dad did and my dad does, half of whatever I win is mine the rest goes back into scratchers and that continues until I don't win or get bored or see something I want more.
The sentence right after the one you bolded says that. Blacks also statistically spend a high percentage of their income on fragrances, jewelery clothes and cars and because of all of that interest. That has, as I am sure you know from the talks we have had on real estate, a pronounced effect on their ability to qualify for home loans when debt to income ratios are out of whack.
We are talking percentages... so when I say blacks spend a higher percentage of their income on gambling that is not of much meaning if we are comparing a poor black to your hypothetical rich white yacht owner. But it is significant compared with poor white people in the same income bracket.
Also in real dollars, without regard for percentages blacks buy a lot of scratcher tickets. State sponsored lottos are a blight on those communities.
I'm waiting for Joey to ascribe a racist explanation as to why that is. It just is. As I have said culturally Luck is popular. It can, if not abused be cheap, fun entertainment. Education is not prized in the community and no one argues that the best schools are found there even if education was prized. Buying lottery tickets with your last $200 is not an educated move.