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Article: Bad economics in the Big Apple: New York Mayor Rudolph Giuliani kills a program designed to give 20% of city contracts to minority- and women-owned companies.
- Article from:
- Black Enterprise
- Article date:
- April 1, 1994
- Author:
CopyrightCOPYRIGHT 1994 Earl G. Graves Publishing Co., Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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New York Mayor Rudolph Giuliani kills a program designed to give 20% of city contracts to minority- and women-owned companies.
The New York Times called the move "wrong-headed - and hard-headed."
Anthony W. Robinson, president of the Minority Business Enterprise Legal Defense and Education Fund in Washington, D.C., says it was "an economic lynching."
But the strongest response to New York Mayor Rudolph W. Giuliani's decision to eliminate a city contracting policy crucial to the development of the city's minority- and women-owned business enterprises (M/WBEs) came from the entrepreneurs themselves. "This is a step back to the 1960s when minority ...