Posted on 06/01/2021 7:41:58 AM PDT by ChicagoConservative27
President Joe Biden plans Tuesday to propose new rules that will award minority-owned businesses 50 percent more contracts, ignoring a fair bidding process to lessen the “racial wealth gap.”
“Under the Biden proposal, the administration would aim to increase the amount of federal contracting dollars given to small disadvantaged business by 50 percent over five years, amounting to an additional $100 billion in funding for those businesses,” the Hill reported.
(Excerpt) Read more at breitbart.com ...
Racist.
Asians are the highest earning income group. Why would they need preferential treatment?
Blacks have been given preferential treatment in the form of affirmative action for decades yet still lag behind other groups. Their as a group struggle have little to do with racism.
Are you establishing a minimum (of 13%, since Blacks account for 13% of the population)? And Asian-Americans account for roughly 9%.
So, 13% of all IT contracts - although Black-owned IT companies account for maybe one-fifth that? And the Asians? They account for 9% of the population, so even though 35% of all IT companies are Asian-American-owned...
Don't you see what that would lead to?
Regards,
You don't understand: Under this Biden policy, Asian-Americans are NOT considered an "underprivileged minority."
Regards,
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