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.
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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.
I’m not a big fan of the idea of reparations. The generational harm seems too great to fix with money. Besides, once there are any payments at all, you will get losers who claim that racism is over, because we paid it off.
I don’t believe reparations are politically possible right now, but “we can’t fix the problem so we shouldn’t even try” just doesn’t feel like the right move here.
You mean as opposed to the people nowadays saying that we eradicated racism because of an amendment ?