Time for a Black Business Marshall Plan
Black business owners have endured a history of unequal treatment. It is time for them to have the same type of Marshall Plan assistance repeatedly provided to large corporations.
Color Blind Diversity Policies Push Black Businesses to the Back of the Bus
In the age of Black Live Matter, we must seriously reckon with the fact that Black firms are being pushed to the back of the bus by color blind diversity policies.
Target’s Record Sales – Latest Example of a Bipolar Economy
Food lines are getting longer while big-box retail sales zoom. In fact, big-box retailers and companies that are adept at online sales might ask themselves, […]
World Economies Grow as the U.S. Stumbles over COVID
New COVID infections in Germany, South Korea, Taiwan, Vietnam, Japan, and several other countries have almost disappeared. Their economies are gradually returning to normal. In comparison, U.S. infections are registering daily records, and states are pondering new lock-downs.
America’s COVID Mismanagement Hurts World Economic Recovery
When the pandemic gripped the world’s economies in March and early April, forecasters projected it would have a devastating economic effect. The April 2020 world […]
Southern Governors who Denied COVID are now Panicking
The governors of Florida and Texas were the poster children for leaders who denied COVID’s virulence to gain political favor with the President. Now their states face record spikes in infections.
The Black-White Gap in Business Ownership
In a country that touts free-market enterprise, it is ironic that black-white inequality in business ownership and business capacity is more extensive than all other […]
Reality Catches up to the Stock Market
The official unemployment rate is 14.7%, and the real unemployment rate is at least three percentage points higher. Despite this, the stock market performed as if it were on another planet over the last several weeks – that is, until now.
Black-Lives Matter, and so does White Involvement
“No man is an island, entire of itself; every man is a piece of the continent, a part of the main.” This is one of […]
Why a V-shaped Economic Recovery is Fantasy, not Reality
The International Monetary Fund forecasts a V-shaped recovery of the global economy after the COVID shutdown. It predicts 5.8% world GDP growth in 2021, following […]
COVID, Narrowing Black-White Unemployment but Widening Deaths
COVID-19 is a strange bedfellow. When it comes to black to white unemployment, it is narrowing the gap. But when it comes to black-white death, […]
Small Business is Key to a Vigorous Recovery
Everyday there are stories about the unfairness small businesses encounter in pursuing access to COVID-19 economic rescue dollars. Under the guise of supporting small businesses, […]
Economic Situation after COVID: 100 Black Men of America Webinar
Comments presented to the 100 Black Men of America Economic Empowerment Town Hall Webinar. By economist Dr. Danny Boston, 4/23/20. First, I trust everyone is […]
May 2020 Unemployment Outlook is Gloomy for Economy and Blacks
The country will be fortunate if it can escape having 15% unemployment and 20% Black unemployment when the Labor Department releases the Jobs Report on […]