The #WealthGap by skin color results from policies across society, including education, housing, the legal system, & access to medical care. Inequalities & overt #racism in the distant past compound those now present. hitc.com/en-gb/2020/06/…
A typical white family has 16 times the wealth of a black family. #WealthGap #poverty #BlackLivesMatter forbes.com/sites/laurashi…
The Skin-Color #WealthGap is projected to widen. Corporate leaders should pay attention: as more & more US citizens are people of color, their inability to buy & spend will have a direct impact on business bottomlines. Also, of course, #racism & systemic #poverty are obscene.
The Skin-Color #WealthGap persists & widens over time. Because we know white skin does not confer bonus IQ points (#Gohmert, #JimJordan, @realDonaldTrump: I rest my case), the only explanation for this difference is that past society-wide inequities compound present inequities.
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