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45% of Black and Latino small business owners anticipate closing within 6 months
- pmdulaney 6y agoWell, how about businesses owned by East Asian, Israeli, and Iranian immigrants?
- Mikeb85 6y agoHow about small businesses owned by anyone? Lots of estimates are circulating that 50% of all independent restaurants will close. No matter who owns them.
- pmdulaney 6y agoMy point exactly. I detest identity politics!
- MyHypatia 6y agoIf hamburger restaurants are more likely to close than sandwich restaurants, that's interesting and useful information. If restaurants owned by asian/black/brown/white are more likely to close than the average that is useful information as well, and can tell us about different people's access to capital. Including data on race provides more information on which businesses are closing. If race is a statistically significant variable in which businesses are closing, why willfully ignore that variable?
- Mikeb85 6y agoIf you read the article you'd see that it was a survey of only black and Latino business owners with no stats on businesses that actually closed down and no comparisons to other ethnicities (white, south and east Asian, etc...).
- raincom 6y agoCommercial rents will kill off many small businesses.
- calvinmorrison 6y agoThat's terrible. I honestly care more when minorities are hit more financially than I do when WASPs do.
- Lammy 6y agoHow do you tell if someone is Protestant or not?
- throwawaysea 6y agoIsn't there lasting damage to all businesses that aren't big corporations (who can better weather the storm, navigate stimulus help, etc.)? Why would the impact be any different for different races? It seems odd to run a headline like this.
- rayiner 6y ago> Why would the impact be any different for different races? Have you ever been to America? The kinds of businesses likely to be owned by different races of people--and the kinds of communities those businesses serve--very significantly.
- noad 6y agoYou can actually read the article instead of just scratching your head, it goes through the numbers on how they are not being approved for assistance loans at nearly the same rates as white-owned small businesses.
- Mikeb85 6y ago> You can actually read the article instead of just scratching your head, it goes through the numbers on how they are not being approved for assistance loans at nearly the same rates as white-owned small businesses. It doesn't (it actually doesn't provide any stats on white-owned business nor even survey results). It merely implies it based on results from a survey of black and Latino business owners.
- noad 6y agoOk I think you're just being obtuse for the sake of being obtuse for some other mysterious reason, can't help you there.
- mensetmanusman 6y agoLarge corporations trying to make supplies to fight the virus are being slowed down by the collapse of the economy and the supply chain. Turns out you need the economy to fight the virus.
- wtcac 6y agoI find it odd the part about mortality rate among non white being shown as a measure of discrimination. Well, mortality among men is also higher than woman and by roughly the same factor as white vs non white. https://www.apmresearchlab.org/covid/deaths-by-race https://www.apmresearchlab.org/covid/deaths-by-race https://www.brookings.edu/blog/up-front/2020/05/15/covid-19-much-more-fatal-for-men-especially-taking-age-into-account/ https://www.brookings.edu/blog/up-front/2020/05/15/covid-19-...