Thread: Biden and SBA being sued for being racist

Remember how Biden set aside half of the aid to minority farmers which represents less than 5% of all farmers leaving the rest to fend for the other half? Talk about systemic racism!

Section 5003 of the American Rescue Plan Act requires the agency prioritize women, veterans, and socially and economically disadvantaged business owners applying to receive a portion of the $28.6 billion appropriated to create the Restaurant Revitalization Fund.

According to Small Business Administration regulations, socially disadvantaged individuals are individuals “who have been subjected to racial or ethnic prejudice or cultural bias within American society because of their identities as members of groups and without regard to their individual qualities. The social disadvantage must stem from circumstances beyond their control.”

Meanwhile, economically disadvantaged individuals are considered to be those whose “ability to compete in the free enterprise system has been impaired due to diminished capital and credit opportunities as compared to others in the same or similar line of business who are not socially disadvantaged.”

Good. I hope they prevail.

https://www.zerohedge.com/political/...taurant-owners