ReShonda Young is an entrepreneur from Waterloo and a co-founder of Bank of Jabez.

Imagine a race between two people from New York to California. One person receives a bicycle and the other an airplane. The first to get to California is the winner. It’s a structurally unfair race for the bicyclist.

That’s what the wealth gap is like for Black families in America. It’s an impossible race. White people have a 400-year advantage on wealth, power, and economic mobility. And it bears stating: the system is not broken — it was rigged like this by design. The pervasive, generational inequality is systemic and structural.