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https://quillette.com/2019/08/22/why-white-privilege-is-wrong-part-1/ 

From the article:

"As it relates to economics, the oft-used median household income seems like a good place to start. According to the U.S. Census Bureau, the median household income of non-Hispanic whites in 2017 was $68,145. While this is higher than the national median of $59,039, it is considerably lower than the incomes of several ethnic groups. Indian Americans, Pakistani Americans, Filipino Americans, and Taiwanese Americans each out-earned whites in 2017, boasting median household incomes of $110,716, $83,956, $83,256, and $81,903, respectively. Lebanese Americans ($76,805), Sri Lankan Americans ($73,856), Chinese Americans ($72,927), and Iranian Americans ($72,733) also out-earned whites.

In general, the U.S. Census Bureau reports that Asians have had a higher median household income than whites since the mid-1980s. In fact, figures from the Bureau of Labor Statistics indicate that white men earned 80 percent of what Asian men earned in 2017.

In 2000, data from the U.S. Commission on Civil Rights showed that 44.6 percent of black applicants were turned down for mortgage loans. In comparison, 22.3 percent of white applicants were turned down. In spite of data indicating that black-owned banks had turned down black applicants at rates higher than white-owned banks, accusations of discrimination within the banking sector were widespread. However, the same report from the U.S. Commission on Civil Rights revealed another interesting statistic: the mortgage rejection rate for Asian Americans was 12.4 percent. In other words, Asian Americans were approved at a higher rate than whites. This data point never saw the light of day in most newspapers or television news programs.

For neo-Nazis and alt-righters, their supposed superiority lies in their genetics. For those on the far-left, the unjust supremacy of whites is based on systemic discrimination."~~~

Incorrect. For racist liberals (statistically all of them), white privilege is a code word for white supremacy. They believe white people are superior in all ways and need to be taxed to provide equality to those lesser beings who can't possibly hope to compete, not being white.

It allows them to be smug in their perceived racial superiority, explain away their own bigotry as some magical innateness that isn't genetic, while still being inheritable, and of course, "the rich" should pay for it, thus conveniently absolving any non-rich liberal (Which is none of them, in their POV) from guilt, as long as they virtue signal about how horrible it is.

The textbook example is the bleat that voter ID is racist because "black people" might have trouble getting ID.

There are more white people living in poverty than black people, but somehow, liberals forget to mention them, because of their "privilege."

TRANSLATION: They think white people are smart enough to handle this mythical problem, but black people aren't.

Your average liberal is so fucking racist he can't see his own racism through his virtue signal.