There’s an economic cost to racism.
According to a report, “Closing the Racial Inequality Gaps: The Economic Cost of Black Inequality in the U.S.,” conducted by Citigroup and released on Wednesday, Sept. 23, 2020, the American economy is suffering due to discrimination and racist acts against Blacks.
The report broke down the value lost by discriminating against Blacks in multiple areas, estimating that the nation has lost $16 trillion over the past 20 years due to racism. That’s a significant number considering that the gross domestic product, or GDP, of the United States in 2019 — meaning the sum of all goods and services produced within the nation’s borders — was $19 trillion. 2nd 1/2 we continue with the audio book "RAGE" Bob Woodward Book on Donald Trump -Chapt 1