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Experts have called for a New Deal-type response to the economic devastation caused by the coronavirus.
But the New Deal also helped cement racist policies and made racial inequality in the US worse.
Policymakers should learn from the problems with the New Deal and work to make sure that the response to the pandemic helps the black and brown families who have been hit hardest by the coronavirus crisis.
Otis Rolley III is the senior vice president for US Equity and Economic Opportunity Initiative at The Rockefeller Foundation.
This is an opinion column. The thoughts expressed are those of the author.
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The COVID-19 pandemic has already caused a level of economic devastation in America that can only be compared to the Great Depression.
So it’s not surprising that many policymakers, academics and others are now pointing to the New Deal — the landmark legislation enacted by President Franklin Roosevelt in response to the Great Depression — as a model for how the federal government should respond to today’s crisis.See the rest of the story at Business Insider
Americans households are about to get hit by a devastating wave of bankruptciesThe GOP threats to end the pandemic boost to unemployment checks would cause a disaster for the US economyEconomic activity is starting to recover. Officially ‘reopening’ actually doesn’t make much difference.
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