Financial Equity, Small Business Funding Monday, June 29, 2020

Why is race such a big issue and how have economics, policy and finance contributed to our current situation? What can be done to establish real equity and to sustain it? What role can business play in establishing economic inclusion for African Americans? Do quotas really work? Why hasn’t affirmative action efforts been more successful? Who needs to lead the charge to eliminate systemic racism? Is that something that needs to happen on the Federal or the State level – or both? How have past efforts to improve economic disenfranchisement been undercut or made powerless? Jordan Goodman, host of The Money Answers Show, talks with Kevin Kimble, founder of the Financial Services Innovation Coalition (FSIC), about FSIC’s Marshall Plan for Black America, about the power of investing rather than donating, and about why now is the right time for change. In the second half of the show Goodman talks with David Rixter, founder and CEO of One United Global, about small business challenges in light of Covid-19, what’s currently wrong with both private and public funding options, and what the best solutions are. Goodman and Rixter discuss how state, federal and local governments can and should be involved in saving small busineses and how the private sector could step in.