COMMENTARY BY They have the unintended side effects of discouraging people from going into business with people of another race and of discriminating against people in interracial marriages. Key Takeaways Government programs that give preferences to businesses owned by racial and ethnic minorities are popular tools among liberal politicians and bureaucrats. People agree that the government should not punish people for interracial marriage, and yet the government does just that. For now, at least in this one area, we can find common ground: Congress and state legislatures should redefine “owned and controlled” to be 50% instead of 51%. Government programs that give preferences to businesses owned by racial and ethnic minorities are popular tools among liberal politicians and bureaucrats. Their proponents defend them as necessary to advance “ racial equity ” and “social justice,” though they are morally wrong. But there’s another reason to reject these programs: They have the unintended side effects of discouraging people from going into business with people of another race and of discriminating against people in interracial marriages. Typically, these programs operate by giving special benefits to businesses that are “ owned and controlled ” by minorities. What that means, specifically, is that one […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
