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.
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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, […]
GDP declines 4.8% while US COVID Strategy is a Hope, not a Plan
The Bureau of Economic Analysis just released the initial estimate of economic activity for the first quarter of 2020. The gross domestic product or GDP […]
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 […]