Kamala Harris proposes 1M forgivable loans to Black entrepreneurs(cnbc.com)
cnbc.com
Kamala Harris proposes 1M forgivable loans to Black entrepreneurs
https://www.cnbc.com/2024/10/14/harris-forgivable-loans-legal-marijuana-trump-black-voters.html
15 comments
isn't this a textbook definition of racism and inequality?
Why do you give forgivable loan based on the color of skin?
Why do you give forgivable loan based on the color of skin?
This is why I think it’s better to focus on targeting low income and individuals and families in poverty.
Helping the poor will inevitably help those who are most disenfranchised.
Helping the poor will inevitably help those who are most disenfranchised.
I am not a lawyer, but I'm pretty certain that a plan like this is blatantly unconstitutional. Harris knows this too, and knows it will never happen, but it may buy a few votes in the meantime.
To be sure, I'll vote for her anyway, because it's not as batshit crazy (or dangerous) as many of her opponent's plans.
To be sure, I'll vote for her anyway, because it's not as batshit crazy (or dangerous) as many of her opponent's plans.
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bradley13(2)
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The plan outlined Monday would provide 1 million fully forgivable loans of up to $20,000 to Black entrepreneurs and others to start a business. The loans would be financed through partnerships between “mission-driven lenders,” community oriented banks and the Small Business Administration, the campaign said.
The agenda also includes training and mentorship programs to help Black men get jobs in high-demand industries, and greater investments in the Public Service Loan Forgiveness program to recruit and retain Black male teachers.