The fact that some blacks and Hispanics are poor has nothing whatsoever to do with racism. It is easy to find poor white neighborhoods as well. With this I agree. If we all combat our own poverty, the world will be a much nicer place. As a practical matter, if the government was to compensate everybody for the labor it has stolen and wasted through taxation and other intervention, the country would be bankrupt.
Nobody is responsible for the sins of their ancestors.