He is correct. Mostly white people have abstract thinking ability and can plan ahead. The black race tends not to exhibit this ability. Therefore, we must be punished for being able to plan for the future. We have subsidized low IQ denizens for decades and they're unable to make it in spite of our generosity. Therefore, our rulers (note I didn't call them the government) are going to steal more of our wealth because they haven't taken enough. I'd go ask Patrisse Khan-Cullors (duckduckgo.com) to help out. She, apparently loves living next to white people, using funds mean to help her own race.

Most Boomers blew wealth rather than built wealth. And of course the problem is the upper-middle-class and mildly well-to-do, not the billionaires.