The federal government’s response to COVID-19 has been a mess from the top to the bottom, including the “you’re on your own” approach it’s taken towards black people, who have been disproportionately affected by the pandemic.
Case in point: the $650 billion Paycheck Protection Program which was supposed to help small businesses survive and pay employees during the current economic downturn has neglected hundreds of black and other minority-owned businesses while funneling millions in taxpayer money to corporations like the Los Angeles Lakers.
That kind of inequity in the distribution of resources has driven former NBA All-Star Magic Johnson to commit $100 million in loans to those left behind by the government’s program, according to the Wall Street Journal
Source: Magic Johnson Is Helping Minority Businesses Hit By COVID-19
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