Alan Jenkins on the effect racial barriers have on the economy:
When he signed the American Recovery and Reinvestment Act of 2009 (ARRA) — the economic stimulus package — President Barack Obama promised it would “begin the process of restoring the economy and making America a stronger and more prosperous nation.” The act invests some $787 billion in unemployment assistance, tax cuts, support to cash-strapped state governments, job creation, job training, education, and infrastructure.
Less noticed but just as important is the act’s commitment to securing more equitable opportunity for all Americans. In its text and in its implementation, the act holds the potential for a transformative shift toward greater equity in our economy. But fulfilling the potential of this little-noticed mission of equal opportunity will require vigilance, activism, and innovation.
