The article discusses the deep-rooted racism and discriminatory practices embedded in American history, significantly impacting Black Americans' opportunities and wealth. It highlights laws and systemic issues like redlining that have hindered their financial progress over generations. Professor Bernadette Atuahene notes that only a small percentage of federally insured home loans went to Black Americans, exacerbating inequality. The piece stresses that many cities still reflect these disparities, as demonstrated by an index created from socioeconomic data to evaluate the worst cities for Black individuals in terms of poverty, education, and wealth attainment.
To determine the worst cities for Black Americans, 24/7 Wall St. examined data from eight socioeconomic measures in each of the nation's 384 metropolitan areas.
This trickled through the ages, preventing many Black families from passing down generational wealth; instead, many Black families became trapped in a system of systemic racism.
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