Creative Investment Research calls for Fair Economy Initiative

WASHINGTON - April 12, 2021 - PRLog -- To: The Biden-Harris Administration
From: William Michael Cunningham and Creative Investment Research
Date: April 13, 2021
Subject: The Fairness Economy: A White House Initiative on Inclusive Economic Growth

In a letter released today, William Michael Cunningham and Creative Investment Research have called for a new White House initiative to help create The Fairness Economy, an economy that actually addresses the urgent crises affecting the US.

The proposed White House Fairness Economy Initiative would address four critical economic issues: the restoration of ethical standards of business behavior, health, the devastating economic impact of the pandemic on Black people, and climate change.

The letter suggests that to make significant progress on these priority areas, it is critical that the Administration create an inclusive and authentic "Building Back Better" program while recognizing the need to reestablish long-term standards of ethical marketplace behavior.

The Biden-Harris Administration may fail to reach their objectives if government policy remains primarily focused on accommodating businesses and investors. As we have seen with respect to policing, there are no externalities: behaviors that impact the country in the long term are imbedded in racist attitudes and practices. These impact economic growth, climate change, and, of course, racial equity.

The Administration, however, has an opportunity to pursue a positive, "holistic agenda of inclusive economic growth that will enable companies and investors, in partnership with the federal government, to proactively address our nation's biggest challenges and create wealth that is shared by America's workers, communities of color, and future generations."

A copy of the letter can be downloaded at: https://drive.google.com/file/d/1NPVp3lX7VztsBwe_Uv3KvaZR...