June 02, 2022

Viewpoint: To create a more equitable Boston, close the racial wealth gap.

Lee Pelton ,

Boston Business Journal

But erasing the gap is worth it for all of us. By one estimate, the racial wealth gap has cost the American economy $16 trillion over the last 20 years. Closer to home, the Massachusetts Taxpayers Foundation estimated that closing racial wealth gaps in Massachusetts could raise the state GDP by $25 billion over the next five years.