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Susan Rice: Racism Has Cost U.S. Economy $16 Trillion

Susan Rice, a senior aide to President Joe Biden, claimed that anti-black racism had cost the U.S. economy $16 trillion over the last 20 years.

“In the last 20 years, the U.S. had a GDP shortfall of $16 trillion due to discrimination against black Americans,” Rice said during a speech on Wednesday at the National Action Network convention.

Rice, director of the United States Domestic Policy Council, claimed that the U.S. GDP would increase by “another $5 trillion” if racial discrimination was addressed.

“If we closed our racial gaps, we could add another $5 trillion to GDP over just the next five years,” Rice said. “And in case you’re wondering, that’s not my math. That’s according to Citibank. We all benefit when every community has the chance to thrive.”

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9 thoughts on “Susan Rice: Racism Has Cost U.S. Economy $16 Trillion”

  1. its cost more then that! how much has the government stolen from the working man and given to fat lazy ignorant people to just sit home and procreate while doing nothing to better their situation?
    Now thats racism!

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