McGhee seems more reasonable than many "equity" advocates, and I appreciate that. But I'm still not buying it.

She asserts regarding PPP loans that there is showing that "even controlling for other factors, white-owned businesses and larger businesses received [more] PPP loans than black and minority-owned small businesses." But why are we conflating white with big and black with small? She is refuting her own point that race favoritism is necessary. If whites are more likely to own large businesses, and large businesses are unfairly favored, then clearly the solution is to stop unfairly favoring large businesses, and the racial equity will follow.