2 chapters across the catalog
A throwback to episode 23 features Tavis Smiley discussing how Black America lost ground in every major economic category during the Obama decade. The hosts examine why the first Black president failed to protect the economic interests of his most loyal constituency, leading to a "re-establishment of the bottom."
In 2008, Michael Bloomberg suggested that the end of "redlining" and pressure on banks to lend to poor neighborhoods caused the housing market collapse. Bloomberg argued that redlining was a protective measure and that the crisis began when "local elected officials" forced banks to provide credit to those with poor credit scores. The hosts characterize this as a "pro-redlining" stance that blames minorities for a systemic failure caused by Wall Street leverage.
