The data does not really support this. All the lines go up from 2019-2022, especially the medians. Even the black and hispanic lines, that increased the least in absolute terms, are at or near their highest point since 1989 and saw some of their largest-ever gains since 2019.
This shows that white people have benefited disproportionally the last few years (as has long been the case, per the chart), but that everyone has benefited some. It does not show white people cannibalizing what everyone else has.
That’s still a big problem, but it’s more “the money spigot has historically benefited white people first and still did this time around” and less “Biden is taking from everyone else to give to white people.”
But the money spigot doesn’t come from nowhere - that wealth is generated by labor disproportionately completed by people of those two hyper exploited racial groups.
The data does not really support this. All the lines go up from 2019-2022, especially the medians. Even the black and hispanic lines, that increased the least in absolute terms, are at or near their highest point since 1989 and saw some of their largest-ever gains since 2019.
This shows that white people have benefited disproportionally the last few years (as has long been the case, per the chart), but that everyone has benefited some. It does not show white people cannibalizing what everyone else has.
That’s still a big problem, but it’s more “the money spigot has historically benefited white people first and still did this time around” and less “Biden is taking from everyone else to give to white people.”
But the money spigot doesn’t come from nowhere - that wealth is generated by labor disproportionately completed by people of those two hyper exploited racial groups.