After 25 Years at the Fed, Author Learned the Hard Truth: Systemic Racism and Unfair Policies Rig Economy Against Many
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The author learned after 25 years at the Federal Reserve that hard work does not guarantee success and the system is rigged against many people.
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Structural racism and discriminatory policies have excluded Black families from building wealth.
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Mainstream economics ignores how employers drive down wages and benefits for low-wage workers.
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The myth that hard work alone brings success ignores systemic barriers and excuses inequities.
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We must change narratives that blame individuals and recognize how the economy was designed to create inequality.