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Inequalities
Discrimination against Blacks has cost U.S. economy $16 trillion
The United States’ longstanding discrimination against minority groups, especially Blacks, is biting the U.S. economy hard. A new report by US-based firm Citigroup claims the U.S. economy lost $16 trillion due to racism and discrimination faced by Blacks since 2000. The report noted that the loss includes gaps in wages, access to housing and higher education and…
