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What percentage of loans were applied for by black-owned businesses? Comparing it to population seems like a statistic that is intentionally misleading, I would
by strombofulous 6y ago
What percentage of loans were applied for by black-owned businesses? Comparing it to population seems like a statistic that is intentionally misleading, I would guess that a lot more businesses are owned by white people than by black people (which is its own issue). I believe only around 10% of businesses are even owned by a black person, so it doesn't surprise me to see that they have a smaller piece of the PPP loan pie...
- ugwigr 6y agoif the article was claiming to show "intent" to discriminate then it would have been misleading. I wrote the article and I never claimed to show intent. I was just showing what as effectively happening and for that the diffeerences in ownership of eligible companies by race is irrelevant.