Rice Claims Racism Has Cost U.S. Economy $16 Trillion and That Black History is Being Erased

Rice Claims Racism Has Cost U.S. Economy $16 Trillion and That Black History is Being Erased

April 13, 2023

During a speech on Wednesday at the National Action Network convention, Susan Rice, a senior aide to alleged President Biden, claimed that anti-black racism had cost the U.S. economy $16 trillion over the last 20 years.

“In the last 20 years, the U.S. had a GDP shortfall of $16 trillion due to discrimination against black Americans,” Rice said. “If we closed our racial gaps, we could add another $5 trillion to GDP over just the next five years. And in case you’re wondering, that’s not my math. That’s according to Citibank. We all benefit when every community has the chance to thrive.”

Rice was referring to a Citibank report titled “Closing The Racial Inequality Gaps: The Economic Cost of Black Inequality in the U.S,” which claimed “$2.7 trillion would have been available for consumption while business income would have increased by $13 trillion, creating 6.1 million new jobs a year if ‘racial gaps’ for black Americans were closed.”

Later in her address, Rice falsely claimed black history is being “erased” from classrooms and textbooks in states like Florida, where critical race theory (CRT) is banned from public school classrooms.

“Today, in states across the nation, we’re seeing bans on innocuous children’s books, just because they feature prominently black or brown characters,” Rice said.

Absolutely false, every word.

“We’re seeing black history erased from our classrooms and textbooks. And make no mistake: those who are doing this are trying to tell us that we do not count, that we do not matter. And that perhaps we should not exist. Black history is American history. Truth is truth. We must fight to protect our history.”

Truth is truth, and the race-mongering propagandist Susan Rice, like the rest of her far-Left party, is trying to bury that truth in order to divide and agitate Americans for political gain.

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