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Test scores of black students remain far below those of Asian and white students. While 40 percent of all infants are born to single moms, the illegitimacy rate in black America is over 70 percent.

Whether it is dropout rates, drug use rates, delinquency rates or incarceration rates, the rates for blacks far exceed those of white and Asian-Americans, and of immigrants and Hispanics.

White households have a median family income below that of Asians, but far above that of black Americans. White households have on average $143,000 in wealth in stocks, bonds, home equity and other assets, 13 times that of the average black household.

At Howard University in 1965, LBJ declared, “We seek … not just equality as a right and a theory, but equality as a fact and equality as a result.”

“Equality as a result”?

Measured by the average incomes and wealth of Asians and whites and Hispanics and blacks, we have failed. And income inequality is back again, as issue No. 1.

After 50 years of affirmative action and the greatest wealth transfers in human history, “equality as a fact” has not been achieved and will not be, absent a greater seizure of power by the U.S. government and larger and virtually endless transfers of wealth.

The reports of Karl Marx’s death have been greatly exaggerated.