1 00:00:01,420 --> 00:00:06,012 Racial and ethnic divide, something that hit so close to home for many yet 2 00:00:06,012 --> 00:00:08,689 gets ignored constantly in legislation. 3 00:00:08,689 --> 00:00:10,267 It is October 2020, 4 00:00:10,267 --> 00:00:15,540 an election year that holds extreme tension between political extremes. 5 00:00:15,540 --> 00:00:18,544 And we are living through a pandemic that has already lasted for 6 00:00:18,544 --> 00:00:20,819 almost eight months with no clear end in sight. 7 00:00:23,336 --> 00:00:26,197 Racial and ethnic divide has never been clear than protests in 8 00:00:26,197 --> 00:00:28,025 the streets fighting for black lives. 9 00:00:28,025 --> 00:00:31,186 There's no reason to wait to have conversations about racial and 10 00:00:31,186 --> 00:00:32,570 ethnic divides in America. 11 00:00:35,026 --> 00:00:40,232 Many of the problems of racial and ethnic divides stem from economics. 12 00:00:40,232 --> 00:00:41,936 The wealth gap between white and 13 00:00:41,936 --> 00:00:45,830 POC Americans has only been becoming clearer in recent years. 14 00:00:45,830 --> 00:00:49,898 During the uprising of the coronavirus outbreak, the labor and 15 00:00:49,898 --> 00:00:51,940 stock market face major blows. 16 00:00:51,940 --> 00:00:56,900 Even though this is mostly subsided, the effects on Americans have not, 17 00:00:56,900 --> 00:00:59,550 significantly financial hardships. 18 00:00:59,550 --> 00:01:00,129 Black and 19 00:01:00,129 --> 00:01:04,921 Hispanic individuals have been most affected by these financial hardships. 20 00:01:04,921 --> 00:01:09,142 According to the Pew Research Centre, 30% of Hispanic Americans, and 21 00:01:09,142 --> 00:01:14,033 33% of black Americans, have reported that they've gotten food from a food bank or 22 00:01:14,033 --> 00:01:17,936 similar organization since the start of the coronavirus pandemic. 23 00:01:17,936 --> 00:01:21,240 While only 11% of white Americans reported the same thing. 24 00:01:22,270 --> 00:01:27,837 I had a conversation with my friend Bethany Jablon about this wealth gap. 25 00:01:27,837 --> 00:01:31,698 >> Do you have any background knowledge in the subject of wage gaps in conjunction 26 00:01:31,698 --> 00:01:33,814 with racial and ethnic divide in America? 27 00:01:33,814 --> 00:01:38,499 >> I have a very limited level of knowledge on that subject. 28 00:01:38,499 --> 00:01:41,975 I have watched a couple TED talks just to familiarize myself with it. 29 00:01:41,975 --> 00:01:45,737 But I don't think that we spend nearly enough time in school talking about wage 30 00:01:45,737 --> 00:01:48,659 gaps, having serious conversations around these issues. 31 00:01:48,659 --> 00:01:53,139 And I think a lot of us have chosen to focus a little bit more on racial 32 00:01:53,139 --> 00:01:58,019 inequities, especially this year after the killing of George Floyd and 33 00:01:58,019 --> 00:02:00,112 Black Lives Matter protests. 34 00:02:00,112 --> 00:02:02,121 >> Yeah, I can definitely agree. 35 00:02:02,121 --> 00:02:06,727 I actually went to some Black Lives Matter protests in the past couple months. 36 00:02:06,727 --> 00:02:08,326 And from the speakers there, I learned so 37 00:02:08,326 --> 00:02:11,642 much more about racial inequalities that I never even thought of before. 38 00:02:11,642 --> 00:02:16,778 And with economics, I'm taking a macroeconomics class at state and 39 00:02:16,778 --> 00:02:20,657 I've learned a lot about economics with racial divides. 40 00:02:20,657 --> 00:02:22,725 And that's one of the reasons I'm doing this project. 41 00:02:22,725 --> 00:02:26,940 More specifically with wage gaps in these racial inequalities. 42 00:02:27,940 --> 00:02:31,769 For example, during the coronavirus pandemic, black and Hispanic individuals 43 00:02:31,769 --> 00:02:34,999 have actually been the most affected by these financial hardships. 44 00:02:34,999 --> 00:02:39,118 According to the Pew Research Center 30% of Hispanic Americans and 45 00:02:39,118 --> 00:02:42,747 33% of black Americans have reported going to food banks or 46 00:02:42,747 --> 00:02:46,261 similar organizations during the coronavirus pandemic. 47 00:02:46,261 --> 00:02:50,604 While only 11% of white Americans have had to report doing the same thing. 48 00:02:50,604 --> 00:02:54,083 I thought this was really interesting, how do you feel about it? 49 00:02:54,083 --> 00:02:58,590 >> It's crazy that there's that big of a difference between them. 50 00:02:58,590 --> 00:03:03,216 I definitely think that everyone should have access to food 51 00:03:03,216 --> 00:03:06,930 without having to resort to a food bank. 52 00:03:06,930 --> 00:03:09,580 It's really unfair that those numbers are so different. 53 00:03:09,580 --> 00:03:14,600 So I think it's really important that we take steps to level the playing field 54 00:03:14,600 --> 00:03:19,247 there and to make sure that everyone is able to afford food on their own. 55 00:03:19,247 --> 00:03:20,628 >> Yeah, definitely. 56 00:03:20,628 --> 00:03:22,322 And just like you were saying, 57 00:03:22,322 --> 00:03:25,985 we need to level the playing field we need to have these solutions. 58 00:03:25,985 --> 00:03:29,024 So during this project, I've been trying to look around for 59 00:03:29,024 --> 00:03:32,242 different solutions that I could find, such as reparations for 60 00:03:32,242 --> 00:03:35,713 different communities, more specifically, black communities. 61 00:03:35,713 --> 00:03:39,603 Or government help to all different types of communities, 62 00:03:39,603 --> 00:03:44,658 poorer communities, such as job opportunities or job help, job training, 63 00:03:44,658 --> 00:03:49,115 all these different types of things that government can help with. 64 00:03:49,115 --> 00:03:51,873 But in all, I think it's just really important for 65 00:03:51,873 --> 00:03:54,518 these conversations to happen between people. 66 00:03:54,518 --> 00:03:58,721 I think it's really important that we're talking today. 67 00:03:58,721 --> 00:04:01,007 Do you think it's important too? 68 00:04:01,007 --> 00:04:05,595 >> Definitely, I think this is a subject that we've denied attention to for 69 00:04:05,595 --> 00:04:06,485 far too long. 70 00:04:06,485 --> 00:04:11,772 And in order to combat these issues, in racial inequities and in the wage gap, 71 00:04:11,772 --> 00:04:16,257 I think that we need to get more comfortable with talking about it, 72 00:04:16,257 --> 00:04:18,120 talking about solutions. 73 00:04:18,120 --> 00:04:20,530 First, identifying that there is a problem there. 74 00:04:20,530 --> 00:04:25,895 And then taking specific steps to ensure that the playing field is level, 75 00:04:25,895 --> 00:04:27,029 like you said. 76 00:04:27,029 --> 00:04:29,849 And just to make sure that all people 77 00:04:29,849 --> 00:04:35,100 have the same opportunities regardless of their race. 78 00:04:35,100 --> 00:04:38,046 >> I do understand that I too have a lot more to learn about this topic. 79 00:04:38,046 --> 00:04:41,243 Whether that be from people with different perspectives from me or 80 00:04:41,243 --> 00:04:43,653 people being affected by these issues right now. 81 00:04:43,653 --> 00:04:48,292 I urge you to initiate these conversations with your friends, family members, and 82 00:04:48,292 --> 00:04:51,446 those who you may not normally have conversations with. 83 00:04:51,446 --> 00:04:53,280 You never know what you might learn.