Black Insanity in America: White House says racism cost US $16 trillion since 2000 – My Comments

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[It's been a long time since I heard of Susan Rice. I remember this fool from the time of the Clintons. The source for her facts is Citibank. I am rather skeptical about their claims. You really need to know WHO in Citibank actually did this study. Whites will find that this racial/ideological/culture war that Blacks have brought to the West, especially to America WILL NEVER STOP. These Blacks are idiots. They were taught all sorts of garbage by Jews, Liberals and Communists. They believe in all kinds of junk facts and nonsensical rubbish. It astounds me how they constantly attack and deride White Americans who are the people who've kept them safe and kept them alive and given them the best lives of any Blacks on the planet. Whites will have to realise that EVERYONE has to get into this fight. This war might never stop – until it turns into a real war, and White men crush these people. These Black Americans are a case of the pot calling the kettle black. Blacks are the lowest contributors to the US Economy. Blacks also get LOTS of special free things from the US Government all the time. I'm told that Blacks have a type of Credit Card that they get so they can buy with their Free Government money. It astounds me that these Blacks have the gumption to spit in the face of Whites and to tell Whites that they are the problem. The Jews sure calculated correctly when they worked on destroying the relations between Blacks and Whites. The Blacks were idiotic enough to fall for all the nonsense arguments. Now these arrogant, worthless Blacks want to tell Whites that THEY ARE THE PROBLEM!! I definitely do NOT think so. I've been in America. I've had a chance to look at those Blacks and they did not impress me. The problem isn't racism. The problem is BLACK PRODUCTIVITY/IQ, etc. That's the real problem. How much money haven't BLACK AMERICANS cost WHITE AMERICANS? That's the REAL QUESTION!!! I doubt the $16 trillion mentioned above is factual. But even if it was, I'm sure that White Americans could show you how much they've had to carry the can for Black Americans. If it wasn't for White Americans, Black Americans would be living in huts and their children would be dying of disease or being killed by animals in Africa. These people are fools. I just can't take these clowns seriously. Jan]

Former Obama national security adviser Susan Rice claimed closing ‘racial gaps’ would boost GDP by $5 trillion

White House says racism cost US $16 trillion since 2000

Anti-black racism has cost the US $16 trillion since 2000, White House Domestic Policy Council chief Susan Rice told Al Sharpton’s racial justice advocacy group National Action Network on Wednesday.

“The US had a GDP shortfall of $16 trillion due to discrimination against black Americans” between 2000 and 2020, Rice, who was shortlisted for the vice president post in President Joe Biden’s cabinet but passed over for Kamala Harris, told the audience.

“If we closed our racial gaps, we could add another $5 trillion to GDP over just the next 5 years,” she continued, without elaborating on what was meant by “racial gaps.”

Reassuring cheering onlookers this was “not my math,” Rice attributed the claims to Citibank, which published a report in 2020 titled “Closing the Racial Inequality Gaps; The Economic Cost of Black Inequality in the US.”

The Citi report claimed that “closing the black wage gap could have added $2.7 trillion in income available for consumption or investment,” while “facilitating easy access to higher education for black students could have increased lifetime incomes $90-$113 billion.” Meanwhile, “improving access to housing credit might have added an additional 770,000 black homeowners,” equating to $218 billion in spending, it continued.

Most impressively – according to Citi – simply “providing fair and equitable lending to black entrepreneurs might have resulted in the creation of an additional $13 trillion in business revenue and potentially created 6.1 million jobs per year.” The statistics are sourced to “Citi Research,” with no further discussion of their origins.

Continuing her speech at Sharpton’s event, Rice called for the audience to “stand together in defense of facts, truth and history,” warning that “we’re seeing bans on innocuous children’s books just because they feature prominently black or brown characters” and “black history erased from our classrooms and textbooks.”

“Make no mistake, those who are doing this are trying to tell us that we do not count, that we do not matter, and that perhaps we should not exist,” the former Obama national security adviser declared, without going into detail on who that might be.

Citi’s report recommended that the government “provide guaranteed wages, income and jobs” in order to close the “racial gaps.” While urging the government to beef up the Equal Employment Opportunity Commission, an authority tasked with protecting against racial discrimination in hiring, the bank also called on corporations to favor racially diverse candidates in seeming violation of the EEOC, describing this as “the right thing to do.”

Source: https://www.rt.com/news/574697-susan-rice-racism-economy-citibank/