Introduction to Economic Policy, Racism, and Public Goods

Flashcards covering key facts, statistics, historical events, and examples from the lecture transcript regarding the economic impacts of racism and public policy.

In August 2016, a caller named Gary from __________ called in during a live public television show to admit his prejudice.

North Carolina

The video exchange between the speaker and Gary was viewed __________ times online.

8,000,000

Gary described the impact of the speaker's advice by stating it felt like someone wiped the __________ from a window and let the light in.

dust

According to the American Society of Civil Engineers, infrastructure in the United States receives a grade of __________.

D+

Effective __________, the town council of Montgomery, Alabama voted to drain the Oak Park Pool rather than integrate it.

01/01/1959

In response to desegregation orders, the city of Montgomery shut down its entire __________ department for a decade.

parks

On __________, the financial firm Lehman Brothers collapsed due to overexposure to toxic mortgage instruments.

09/15/2008

A homeowner named Glenn faced foreclosure on his home in the __________ neighborhood of Cleveland after receiving a predatory refinancing offer.

Mount Pleasant

African Americans and Latinos with good credit were __________ times as likely as white people to receive toxic subprime loans.

three

At the peak of the subprime mortgage boom, __________ out of every five mortgages in the country was a toxic subprime loan.

one

The financial crash ultimately cost the nation __________ in lost wealth, pensions, home equity, and savings.

$19,000,000,000,000

As a result of the 2008 financial crisis, __________ jobs vanished across the United States.

8,000,000

In 2017, auto factory workers in the state of __________ attempted to organize a union at their plant.

Mississippi

In Lewiston, Maine, Cecile worked to organize Congolese refugees to join white retirees at the __________ Heritage Center.

Franco

A bipartisan think tank reported that the refugee community in Lewiston generated $40,000,000 in tax revenue and __________ in income.

$130,000,000