I read it and here is what I think. It all sounds good but when shit like the bold quotes below is added in. Black americans always get the shit end out that deal. The proof is already there for us as black people to see clearly. When other groups of so called "minorities" get added in we as black people get the least amount of resources. Let's not act like "white women" aren't classified as minorities when it comes to things like this. Asians, white women, latinos, arabs all classified as minorities.
So statements like the bold makes it seem like same old bullshit to me based on the history of this country. If it's not specifically for only BLACK americans then it's basically that shit Obama said "a rising tide lifts all boats" if my boat has sunk lower than all the other sinking boats I need more help than the other boats. So if all the boats are raised I still have more water in my boat than all the others who were not as bad off as I was.
Biden will extend the program through 2025 and double its federal funding to $3 billion, driving close to $30 billion of private sector investments to small businesses all told,
especially those owned by women and people of color.
This builds on Biden’s proposal to support entrepreneurs in small towns and rural areas by expanding both the Rural Microentrepreneur Assistance Program and the number of Rural Business Investment Companies, to help rural businesses attract capital.
Majority of black people don't live in rural areas. So that ain't going to really do much for our people.
Ensuring the SBA has the funding it needs to support African American-owned business and others in the current crisis and beyond. Biden will make this program permanent and reverse rules enacted by the Trump Administration that are making it more difficult for lenders to participate in the program and lend to African American-owned businesses and other businesses located in underserved communities.
Who are the others they are referring to? We also know that majority white poor rural areas are also classified as underserved communities.
The programs reads very well in what Biden says he wants to do. No way to deny that. Yet knowing the history of this country and how resources are dispersed when words like "other" & "minorities" are added that is where I have a problem with it. History has shown us that black people will get the scraps left over after everyone else has been helped.
If I'm proven wrong about that if by some chance Biden wins the election. I will be extremely happy to have been proven wrong.