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The National Urban League recommends a $50 billion aid program to help close the economic gap.
1990 (Jan 9)
The National Urban League (NUL) said that in order to close the economic gap between black and white Americans, a $50 billion aid program, similar to the one that rebuilt Europe after World War II (the Marshall Plan) was needed. In the 15th Annual "The State of Black America" Report, the NUL contended that the fiscal and social policies of the administration of former president Ronald Reagan had helped "stall the efforts of blacks to achieve greater economic parity" with whites in the 1980s. The report added, however, that "the greater openness" of the administration of President George Bush had "inspired new confidence in the federal government's ability to complete our unfinished revolution for democracy and human rights."
References:
- • Hornsby, Alton. Chronology of African-American History: Significant Events and People from 1619 to the Present. Detroit: Gale Research, 1995.