Biden’s plan to attack America’s racial wealth gap is focused and long overdue | Editorial

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It is an insult to the American values we purport to hold dear: The net worth of a typical white family is nearly 10 times greater than that of a typical Black family. Nor can that gap be closed merely by equalizing educational opportunity, or expanding homeownership, or helping young people accumulate savings, or helping strengthen family structures, or helping promote entrepreneurship. Control for all those factors, and the chasm remains.

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