Yes according to the Seattle Public Schools website (as pointed out by a commenter calling himself “Frank N Stein”). To avoid taking anything out of context, here is the quote from the entire paragraph defining “cultural racism.” I’ve italicized the part about “future time orientation”:
Those aspects of society that overtly and covertly attribute value and normality to white people and Whiteness, and devalue, stereotype, and label people of color as “other”, different, less than, or render them invisible. Examples of these norms include defining white skin tones as nude or flesh colored, having a future time orientation, emphasizing individualism as opposed to a more collective ideology, defining one form of English as standard, and identifying only Whites as great writers or composers.
What is “future time orientation”? Presumably this refers to planning for a better future and placing future benefits over immediate gratification. So, for example, if a college student has a big test the next morning, and that evening his buddies ask him to go out and drink beer, something he really would enjoy doing, if he declines the invitation and studies for the test he’s demonstrating “future time orientation.”
(Some might add that going to college in the first place is a demonstration of “future time orientation,” but spending four years going to parties and drinking beer isn’t really all that difficult, and in fact it’s preferable to working. There’s really no reason not to go to college if your parents are paying for it.)
The prisons are full of people lacking in “future time orientation,” because committing a crime to get some quick cash or get revenge at someone who pissed you off is an example of enjoying immediate gratification at the expense of one’s future. It’s no surprise that the prisons are disproportionately full of black people, evidence that a too large percentage of black people are severely lacking in “future time orientation.”
There is also the stereotype that black people are lazy, that the black man would rather hang out and do drugs and the black woman pop out a baby and live off welfare instead of working hard to secure a better future. Traditionally it has been seen as racist to point this out, but the paragraph from the Seattle Public Schools website concedes that these negative stereotypes of blacks are actually true, but that society itself is racist for rewarding people with “future time orientation.” Or maybe the paragraph means that it’s racist for white people to take advantage of their “future time orientation” to pull ahead of blacks, and to avoid being racist they should also be hanging out doing drugs and collecting welfare in order to create greater equality between the races.