Sorta. I was raised with this bullshit, so I can see the distortion of reality. I'm still unpacking all this in therapy myself, because it's a whole worldview.
First off, they're woefully uneducated about history. My high school in Oklahoma briefly touched on the Civil Rights Movement and tried to pass it off as something that was over and done. Rosa Parks got arrested, the white people were shocked that this could happen, they had a sit-in party at a milkshake stand (they didn't talk about any of the pushback that got), MLK did his speech and now everything is fine for black people, no more institutional racism, literally being taught in schools. Now, combine that with your own needs not being met, and the talking heads/politicans say that you're not getting the aid you need because it's going towards making hurt feelings better. There's only so much money in the coffers, and you gotta be really hard up if you're white, but it's easy to get if you're black.
There's also a heavy religious framing about ancestral guilt. Like, if God can make life suck for everybody because Eve ate an apple, and libs are trying to play god, it follows to reason they'd want to make your life suck for the sins of your great-great-great grandparents. It's never outright stated, but if you listen to enough sermons, the puzzle fills in. Like, again, they think the civil rights movement fixed everything, so they think white people have atoned for their transgressions, but the pastor says libs are in consort with satan and can't forgive like jesus, so that's why they want white people to suffer.
Edit: I want to make it clear that I do not personally believe any of that, it's just what I was taught as a kid.