Eugene Cornelius Jr. is senior director for the Milken Institute Center for Regional Economics. He previously served as a senior official in the US Small Business Administration. The opinion expressed in this commentary are his own.
Black communities in the United States not only represent a disproportionate share of casualties from coronavirus, but they have also been deeply affected by the economic impact of the disease. Longstanding racial discrimination in economic and housing policy has increased their risk for exposure to the virus, as well as the resulting financial crisis.