House lawmakers defeated an effort by Rep. Mike Collins (R-Ga.) to defund the office of Vice President Kamala Harris, one of the highest-level efforts yet to defund prominent federal officials and agencies. It was, to be sure, a foolish endeavor, but it wasn't an isolated incident. read more
General Motors and the United Auto Workers union have come to a tentative agreement, the union and company announced Monday afternoon, just two days after the union expanded the strike at America's largest automaker. read more
Donald Trump, 77, has relentlessly attacked President Biden, 80, as too old for office. But the former president himself has had a series of gaffes that go beyond his usual freewheeling style. read more
General Motors and Jeep-maker Stellantis have offered the United Auto Workers a 25 percent raise in base wages over the course of a new contract, bringing them close to reaching tentative deals with the union that would end a historic, six-week work stoppage. read more
The U.S. economy grew even faster than expected in the third quarter, buoyed by a strong consumer in spite of higher interest rates, ongoing inflation pressures and a variety of other domestic and global headwinds. Gross domestic product, a measure of all goods and services produced in the U.S., rose at a 4.9% annualized pace in the July-through-September period, up from an unrevised 2.1% pace in the second quarter, the Commerce Department reported Thursday. read more
We can discuss it, but "systemic" racism would imply that the "system" itself included elements that were explicitly placed there to create different outcomes based on race.
For instance, asking for one's race on a credit card or college application would be an example of possible system racism, if the information consumer was using race data to influence decision calculus.
Like these all too recent examples in just one industry?
Bank Will Pay $31 Million After Discriminating Against Black And Latino Communities (1/13/2023)You're right, this isn't 1960, it's 2023. And systemic racism/discrimination throughout our society is still entrenched and operating as it was designed to in order to minimize the advancement and economic success of minorities while disproportionately (and many times illegally) stealing generational wealth or keeping said wealth from being realized, handicapping subsequent generation after generation.
Wells Fargo Bank sued for race discrimination in mortgage lending practices (4/26/2022)
Bank set to settle lending discrimination lawsuit alleging redlining' in Philly area 06/01/2023
Systemic racism is always tied to economics as it's been since the introduction of African chattel slavery into the United States and it remains both pervasive and active today.