Systemic racism slows economic growth: Dallas Fed chief Kaplan

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Systemic racism and high unemployment levels among black and Hispanic Americans create a drag on the U.S. economy, Dallas Federal Reserve President Robert Kaplan said on Sunday.

“A more inclusive economy where everyone has an opportunity will mean faster workforce growth, faster productivity growth and will grow faster.

And so I think we’re right to focus on this and bore in on this,” Kaplan said on CBS’ “Face the Nation.” “It’s in the interest of the U.S. The fastest growing demographic groups in this country are blacks and Hispanics. If they don’t participate equally then we’re going to grow more slowly.”

 

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Never trust anyone named Mr Kaplan. Have you learnt nothing

DiChristine No sheeet...

Systemic black violence slows economic growth

Systemic Racism is ingrained in the USA, it won't end as long the Top Man is the Racist-in-Chief. Trump realDonaldTrump RacistInChief HouseGOP federalreserve

'systemic racism' - which laws are racist? - which legislation is racist? should be an easy one.

Does this mean we're going to end Affirmative Action?

This guy works at the Fed? I guess they hire anyone, even the ones who don't understand how stuff works.

Systemic liberalism destroys everything.

IQ is highly correlated with income.

Racist Jewish supremacist Kaplan given platform by Reuters to spew vicious anti-white narrative without challenge. NoWhiteGuilt

Really where's this happening then

Once again the experts don't know what their talking about, I'll hazard a guess & say slow economic growth is more likely a cause of all shops being closed (lockdown) & the very simple fact that corporations & businesses don't pay their employees enough to have expedable wealth.

There are no successful black led countries

Systematic racism is a leftist LIE!

🙄

So does the federal reserve...

Is this supposed to be a revelation? When did he have this epiphany? Anyone of us could have told him that.

✊🏿✊🏾✊🏽✊🏼

Of course it does....

Democrat policies over the last 40 years which have resulted in Systemic Class oppression which disproportionately effects black neighbourhoods slows economic growth. There. Fixed it

Yeah. Systemic racism also blocking my toilet flush.

Racism causes everything now, from global warming to my boiler breaking down.

Oh shit

((Kaplan))

Yea the left agenda push the race war!

There is no such thing

As burning down your tax base& jobs hurts recovery

Это пиздец, товарищи.

Every single White American as the descendant of European colonist is racist including white Democrat(Nancy Patricia Pelosi).

So does virtue signaling.

Is that why economic prosperity was pathetic under America's first black president? And has skyrocketed under Trump? You people are clowns. DallasFed

Systemic hypocrisy more like it? Criminals.

Lol

lol whatever gets the neolibs on board

'other than that, we are fine with it'

So now its time to end racism because its not profitable anymore... Just like we supported racism when it was profitable...

So do Fed policies.

*Rich republican white dudes immediately start chanting “black lives matter”*

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