- cross-posted to:
- nyt_gift_articles@sopuli.xyz
- cross-posted to:
- nyt_gift_articles@sopuli.xyz
The vice president released a plan to help Black men financially, held interviews with two Black media outlets and put out targeted ads in battleground states.
…
Ms. Harris’s plan calls for providing one million loans that would forgive up to $20,000 for Black entrepreneurs and people of other races to start a business, in an effort to close the capital gap that Black people often face.
The plan calls for expanding access to affordable banking options that will allow Black men and others to tap into more capital that they often cannot access because of high fees and other barriers. The plan also promises to devise a regulatory framework for protecting cryptocurrency assets, which more than 20 percent of Black Americans own or have owned.
All but the last last bit sounds good.
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Everything Harris proposes is geared to generating generational wealth, building the middle class, and helping the working class.
Trump voters might like the pot they piss in, but I hope the other 70% of Americans wake up and smell what Momala is cookin’.
This is just a small gift to the black bourgeois who make up a small portion of the black population and need help the least.
What black people need is broad programs that help all people. Investment in inner City schools, free school lunch programs, affordable and public housing, Medicare for all etc. Black capitalism and neo liberal programs like this aren’t going to help your average black person
Or a return of the New Deal mortgage subsidies that black people were left out of the first time.
Do you know how you can help black Americans? Reparations.
I don’t see how that gets through Congress, whereas something more like this (but with much larger amounts of capital injection) has a better chance.
Doing the right thing may not be easy, but reparations is the only path to justice.
So reparations or bust? Completely disregard any other (actually achievable) benefit while chasing that golden goose? I understand the frustration, but unfortunately you have to take things one step at a time in modern day politics.
Doing the right thing doesn’t win elections. And if we don’t win elections, there is zero chance of making progress.
