4min chapter

The Gray Area with Sean Illing cover image

Tyler Cowen on the painful end of American complacency

The Gray Area with Sean Illing

CHAPTER

The Disparate Access to Credit Markets

I would stress equity more than credit. Credit is a mixed blessing, of course. If black households had earned more equity and less housing, say before the crash, they'd be much, much better off. Hillary Clinton gave some comments now a couple weeks ago where she said that if you looked at it economically, the areas that voted for her were responsible for 65% of GDP growth in the country.

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