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Congress Is About to Bail Out Everyone — Except Black Business Owners
Without a lobby to advocate on their behalf, Black barbers face economic annihilation
Update 6/7/22: Level has a new home. You can read this article and other new articles by visiting LEVELMAN.com.
On Sunday, New York announced that the state now accounts for roughly 5% of coronavirus cases worldwide, and nearly 2,000 of those who tested positive for the virus in the state have been hospitalized.
In response, a growing number of governors, from New York to California, have ordered various restrictions on public gatherings and businesses. Such measures, necessary though they are, have crippled the economy at every level, from corporate to small business to individual.
Recognizing the moral imperative of the moment, Congress has proposed a $1.8 trillion economic stabilization package to aid families and businesses affected by the pandemic. (That’s nearly double the size of the expected federal budget deficit this year, but market stabilization and Americans’ well-being takes precedence in a moment like this.)
A bailout of this size and scope is unprecedented. Every industry is being devastated by the coronavirus. The American public and…
