Again, it is a metaphor, don't take to too literally.
Blacks were slaves, whites and immigrants were not.
Can you picture slavery as digging out of a hole (debt)? Until breaking even, you are subject to compound debt.
Yes, immigrants do well within a generation or two. Blacks have only had civil rights for a generation. White males not only have always rights but made them.
Yes, I'm generalizing based on skin color. That is literally what race is.
Blacks were slaves, whites and immigrants were not.
Can you picture slavery as digging out of a hole (debt)? Until breaking even, you are subject to compound debt.
Yes, immigrants do well within a generation or two. Blacks have only had civil rights for a generation. White males not only have always rights but made them.
Yes, I'm generalizing based on skin color. That is literally what race is.