Being Black is a pre-existing condition

Bloomberg Equality
Bloomberg

Being Black in America looks like a pre-existing condition putting a person at risk for a host of problems. If you map poverty, pollution and Covid-19 cases in Chicago and you'll get an outline of African-American neighborhoods in the city, Bloomberg CityLab reports. In Cleveland, site of Tuesday's presidential debate, similar disparities are in sharp relief: Children born in the poor Black neighborhood near the Cleveland Clinic are expected to live 22 fewer years than kids in a majority-White suburb nearby.

So what are solutions? Ahead of the debate on Tuesday, President Donald Trump announced at an event in Atlanta a "Platinum Plan for Black America," committing to bring in $500 billion in capital as well as raise health and education outcomes and create 3 million jobs. The bid to woo Black voters wasn't immediately cheered. "This event is a distraction from the fact Trump entered the political scene by denigrating our nation's first African American president and has spent the last four years advancing anti-Black policies while fanning the flames of racism," Jamal Brown, a national press secretary for Biden's campaign, said in a statement to Bloomberg. And, as CityLab reports, there is hardly enough detail in the plan to boo it, either. —Philip Gray

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When asked to condemn White supremacy during the first presidential debate, Trump used the spotlight to call on one group, the Proud Boys, to "stand back and stand by."

The first "female recession" has wiped out years of economic gains for women.

China's economic recovery is leaving the bottom 60% behind, according to Bloomberg Businessweek.

The gender and racial pay gaps are not fully explained by who does what job. Incomes vary widely even within a single occupation, based on race and gender, as Bloomberg Businessweek shows.

Women in India spend five hours a day on unpaid work, three times as much as men.

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One in four working women in the U.S. report considering scaling back or quitting because of extra demands during the pandemic, like disparities in parenting.

 

Basic income in a time of lockdowns 

Mayor Michael Tubbs offered Stockton as a proving ground for cash transfers.

Photographer: Nick Otto/AFP/Getty Images

An experiment with guaranteed income for some residents of Stockton, California, further hints at what a regular paycheck provides: not a ticket out of poverty, but a step to build resilience. Bloomberg Businessweek reports that this reliable windfall made a difference in March, when pandemic lockdowns began. Recipients spent a greater share of their monthly $500 on food, stocking up to eliminate some outings and reduce their risk of exposure to the novel coronavirus. The pandemic makes the experiment all the more revealing: "This is the third serious economic crisis in 12 years," one of the researchers says. "So understanding how people use cash in the context of shock is really, really key."

 

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