Hazel Trice Edney, NNPA Editor-in-Chief (via Carolina Peacemaker)
- A little more than a year ago, Feb. 17, 2009, newly inaugurated President Barack Obama took his first corrective action to quell the escalating economic crisis.
That action was to sign the American Recovery and Reinvestment Act (ARRA), known as the stimulus bill, a $787 billion package to create and preserve jobs and spur economic growth.
But, one year later, a non-partisan study by the Kirwan Institute for the Study of Race and Ethnicity at Ohio State University has found that despite the President¡¯s noble efforts, the economic stimulus has not only failed to boost the economy for African-Americans and other historically disadvantaged people, including women, but it has produced starkly disparate results between White workers and people of color and failed to correct long-standing racial disparities.
