Susan Rice, who lied on five Sunday News shows about Benghazi, claims that systemic racism cost the economy $16T.
“In the last 20 years, the U.S. had a GDP shortfall of $16 trillion due to discrimination against black Americans,” Susan Rice, director of the United States Domestic Policy Council, said during a speech at the National Action Network convention. “If we closed our racial gaps, we could add another $5 trillion to GDP over just the next five years. And in case you’re wondering, that’s not my math, that’s according to Citibank.”
She is talking about wealth redistribution, reparations, and justifying by making whites the cause of the wealth inequality.
If Outcomes Are Different, It Must Be Systemic Racism
She is quoting a ridiculous 2020 report by Citibank globalists. They were blaming the GDP shortfall on systemic racism. The report presents no proof of a system run by white people that keeps black and Hispanic people down. They conjure up their theory based on disparate outcomes. These ‘researchers’ aren’t talking about equality. They are talking about equity.
The claim is that without the black-white wage gap, $2.7 trillion in income would have been added for consumption or investment. That multiplied into $16T. This is just made up. The tale goes on from there.
For example, the authors of the report write, “The Urban Institute found intangible factors are contributing to the widening racial housing gap, highlighting the need for targeted policy solutions.”
If they’re intangible, why would anyone attribute it to systemic racism?
Outcomes are not indicative of anything in of themselves. Where is the evidence? Who is running this system?
Susan Rice does magic math, claims that systemic racism has reduced the size of the economy by $16 trillion. pic.twitter.com/nWQeYKyTEl
— Catch Up (@CatchUpFeed) April 12, 2023
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well if they became producers instead of leaches that would fix it too
RICE AIN’T NICE-IDIOT
Only about 1% of the 13% total even have a job and they did NOT and could NOT generate 16 TRILLION so peddle that old bulls hit someplace else to someone who is as stupid as you are!
She was born rich to a federal reserve president.
The problem is that people pretend this nonsense is serious. Any time Rice pulls this stupidity she should be laughed out of the room.
This WHOLE MESS is coming from obumbler and company. His finger [prints are all over this. Make and thank a leftard for the Country’s demise.
Overused. If there was ever a word that should be added to the leftist Banned Word List, it’s RACISM!!!
Why would they want to ban that word? It has served them so well over the decades. Its their answer to any logical common sense challenge to their false claims of anything. They shut down all conversations with “racism” or some variant of that word. Cuz they have no facts nor actual data to prove otherwise. Arguing, or discussing, with… Read more »
So true.
Everything is about RACE because Democrats have lost the Black Male Vote and can’t buy them off like they do the Welfare Queens.
Read her obit here…