About ADOS – #ADOS
Closing the racial wealth gap requires a New Deal for Black America. President Trump’s assertion during the 2016 Presidential campaign that Black Americans “have nothing to lose” was met with defiance by those on the Left, but the data supported the statement. From over all wealth levels, to home ownership, to student debt levels and beyond African Americans across this nation are suffering. According to a study from Brookings, half of Black Americans who are born poor stay poor. Most Black kids who are born into middle class families are downwardly mobile. And as Duke University economist Dr. William “Sandy” Darity, and co-founder of the ADOS movement, Antonio Moore, along with other researchers observed in their study What We Get Wrong About Closing the Racial Wealth Gap, the concentration of ADOS at the bottom economically is a consequence of lack of wealth transfers and multi-generational oppression, not individual agency or cultural patterns:
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