Yada. The excuses for racism gets old. .
On October 24,2013, the Kellogg Foundation sent out a press release about a report they had done entitled, “The Business Case for Racial Equity”. This was a study done by the Kellogg Foundation, using information it had studied and assessed from the Center for American Progress, National Urban League Policy Institute, Joint Center for Political and Economic Studies and the U.S. Department of Justice, to describe the issue or story of race in broader more economic terms.
"We found that, if the average incomes of minorities were raised to the average incomes of whites, total U.S. earnings would increase by 12%, representing nearly $1 trillion today. By closing the earnings gap through higher productivity, gross domestic product (GDP) would increase by a comparable percentage, for an increase of $1.9 trillion today. The earnings gain would translate into $180 billion in additional corporate profits, $290 billion in additional federal tax revenues, and a potential reduction in the federal deficit of $350 billion, or 2.3% of GDP."
The Business Case for Racial Equity
Over the course of the past several decades we have heard over and over how if we cut taxes we stimulate growth. But it seems that if we erase racism, racist policies and racist policy decisions that adversely affects COMMUNITIES, not making this the I am an individual argument, that we could erase many of the problems we see today. We are talking about serious increases in GDP, deficit reductions, increased tax revenue, more tax payers instead of more needing public assistance, increased corporate profits which means more jobs and yet there remains a great resistance to do this.
We end racism, we end American economic problems. That's the true end of story.