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The economic cost of racial inequality- POLITICO

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An economic pitch for equity — The Treasury Department is launching a renewed push for policies that help narrow racial inequality, pointing to decades of economic research to support a simple argument: It’s good for the economy.

In the first of a series of blog posts released this morning, Treasury’s top economist and first counselor for racial equity detailed the economic barriers that people of color and other marginalized communities have faced in the U.S. in areas such as housing, the labor market and infrastructure.

“The economic cost of racial inequality is borne not just by the individuals…

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