NEWSONE NOW: CHICAGO SEGREGATION COSTS BLACKS NEARLY $4 BILLION EACH YEAR
Roland S. Martin Speaks With Metropolitan Planning Council’s Alden Loury About the Study’s Alarming Findings
WASHINGTON, D.C. — MARCH 30, 2017 — This morning on NewsOne Now, Host and Managing Editor Roland S. Martin spoke with Metropolitan Planning Council’s Director of Research and Evaluation Alden Loury about the first results of a two-year study completed by Chicago’s Metropolitan Planning Council, the Urban Institute, and policy advisors. The report found that if levels of economic and black and white segregation were reduced to the national median, the income of African Americans would increase by average of $2,982 per person per year – an increase of $4.4 billion in added income to the region.
“When spaces become ‘black spaces,’ in some respects they are completely written off by the rest of the community. You can have a South Side of Chicago, a West Side of Chicago that has real economic buying power, but you don’t get the retailers, you don’t get the kind of investment that you need,” says Loury. “As a result, the people in those communities have to go elsewhere to spend their money. There’s real money there, there’s real value and power there but because there’s such a reticence to develop and provide income and resources to those communities, that money has to go elsewhere, and that ultimately is to the detriment of those communities as well.”
The study also found that Chicago’s homicide rate would drop by 30 percent, and that 83,000 people would have bachelor’s degrees if the segregation levels between blacks and whites were lowered to the national median. Martin also spoke with attorney and former chairman of the D.C. Democratic Party A. Scott Bolden, who added the following insight: “The most powerful part of this report, I think, is that it confirms that racism trumps capitalism. That 4 billion, that 5 billion dollar loss for that region, probably the second or third largest business region in this country – those are losses not just for people of color, but those are losses for white businesses, white Americans – those who are living the American dream far better than people of color. Black people and white people ought to want to change that.”
Martin is available as political analyst and commentator to discuss issues affecting the black community, including the aftermath of the 2016 Presidential Race and the rise of the “alt-right” movement. To schedule an interview or appearance, please contact Alonda Thomas and Erin Williams of TV One’s publicity department.
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Emanating from the heart of Washington D.C. in a state-of-the-art studio that offers a stunning view of the Capitol building, NewsOne Now airs Monday through Friday on TV One from 7-8 a.m. ET. NewsOne Now is hosted by Roland S. Martin, the 2013 National Association of Black Journalists’ Journalist of the Year and former host of TV One’s long-running, award-winning weekly news program, Washington Watch with Roland Martin. Each morning, Martin – who also serves as the program’s managing editor – sifts through the headlines of the day to spotlight matters that greatly impact the African American community. In addition to television, NewsOne Now reaches audiences 24/7 with exclusive program content and extended editorial on NewsOne.com and the NewsOne mobile app. NewsOne Now is an evolution of Interactive One’s award-winning digital brand NewsOne.com that launched in 2008 and reaches millions of African Americans each month. Susan Henry is executive producer of NewsOne Now. D’Angela Proctor is TV One’s head of original programming and production.
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