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Democrats believe it is gone time to shut this racial wealth hole. Disparities in wealth can’t be solved by the free market alone, however instead, the federal government must play a job in eliminating systemic obstacles to wealth accumulation for various racial teams and improving opportunities for people from all racial and ethnic backgrounds to build wealth. Federal policies must remove barriers to reaching sustainable homeownership, provide for higher variety in federal and state contracting practices, incentivize and develop access to retirement investment programs, improve alternatives for high quality jobs and education, and problem the deeply rooted structures that perpetuate and exacerbate present disparities and in the end stagnate the nation’s financial growth and security.

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