COVID-19’s economic fallout is hitting the Black community hard, too

Then there’s also a massive racial wealth gap — the legacy of racial discrimination embedded into U.S. policy going back to slavery, through Reconstruction and the New Deal, which essentially only benefitted whites. “It rewrote our economy from scratch basically, and Blacks were completely left out,” said Mehrsa Baradaran, a law professor at the University of California, Irvine who has closely studied the wealth gap.