Many people see progress on racial equity in the U.S. as a steady march forward, in which people of color become more equal with their white counterparts as the years go by.
Those are people who don’t pay attention to household wealth figures.
A new report I co-authored, “The Road to Zero Wealth,” looks at the past 30 years of wealth accumulation across racial lines, as well as what the future will bring if current trends continue. Our findings were bleak.
