Economic inequality in America systematically restricts Black people from full participation. We all know – and research confirms – that existing economic policy is insufficient rather than inclusive.
There are extreme disparities in employment, homeownership, and housing affordability in the Black community. White families typically make 10 times that of Black families. That puts the so-called American dream out of reach for many in communities of color. We are in the fight to mitigate racism and historic disinvestment by advocating for significant economic policy change.
Establishing holistic economic equity with access to resources and opportunities for Black people is essential to ensure that they can fully and fairly contribute to the economy as workers, consumers, and owners without restriction. Closing the revenue gap between Black and white businesses would generate an additional $290 billion for the U.S. economy.