Brown, Tony WNET (Television station : New York, N.Y.) Brown, Robert Gregory, Karl McLaren, Dunbar

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Episode Number: 38Three leading black economists assess the economic reality for blacks living under the Nixon administration in this report entitled Blackonomics. Host Tony Brown guides this Black Journal discussion with Robert Brown, director of the New York-based Black Economic Research Center and founder-publisher of the Review of Black Political Economy; Dr. Dunbar McLaren, a former economist for the federal Office of Price Administrations and consultant-founder of Freedom National Bank; and Dr. Karl Gregory, professor of Economic and management at Oakland University (Detroit), a consultant to the Center for Afro-American and African studies at the University of Michigan, and an organizer of the first black bank in Detroit. The three panelists agree that President Nixons economic policies fail to meet the most crucial needs of the black community power, wealth and employment. They point out that the lot of the black man is not substantially changed by the new proposals, which do not include, according to Dr. Gregory, large-scale urban business development and capital accumulation programs, as well as other techniques for attacking structural unemployment, massive job creation at a living wage, and the elimination of barriers to equal opportunity. Dr. Gregory feels that Nixons policy will increase the level of employment somewhat, however, although blacks will snare in the added jobs, their unemployment rate will still be twice that for whites. Brown points out that it is increasingly difficult for blacks to find jobs because of urban migration patterns, the movement of jobs out to the suburbs and the...

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