The Economic Inequalities of Crisis Politics
America’s economic stimulus packages have historically left poor people behind.
Economic stimulus packages typically bring a lack of concern for Americans who struggle the most to the forefront of the conversation. That’s because stimulus packages typically contain more gains for the wealthy and offering nearly nothing for those who grapple with getting by on a daily basis; who are negatively impacted by economic downturns more than anyone else.
It’s no secret that poverty disproportionately impacts communities of color in America. I could argue, with great success, that the effects of poverty are not by accident. Taking a look at what conservatives bring to the table easily explains why things are the way they are. What the economy has become since Ronald Reagan was president is one of corporate socialism. For the last four decades, people who earn the least have benefitted the least.
There’s a reason for that.
Like most Americans, politicians are keenly aware of Census Data from 2018 showing the highest poverty rate by race is as follows: 25.4% of Native Americans; 20.8% of Black folks; 17.6% of Latinos; 10.1% of White folks; 10.1% of Asians, yet conservative policies have consistently hurt the poorest Americans thus disproportionately targeting and adversely affecting communities of color.
