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- cross-posted to:
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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.
Edit: Hey, why all the downvotes?
I think reparations plus this. Both are necessary as they address different aspects of the injustice.
As for reparations being unrealistic because of the makeup of Congress currently - if Dems can take the House and hold onto the Senate majority, then I have high hopes for 127 DC States plan: https://www.vox.com/2020/1/14/21063591/modest-proposal-to-save-american-democracy-pack-the-union-harvard-law-review
If that goes through, I see the Congress that comes after being much more amendable to the idea of reparations than Congresses past.