“The racial wealth gap is the smallest it’s been in 20 years.”
What PolitiFact found
By one measure, the white-Black wealth ratio, it's true that the racial wealth gap modestly reduced to the smallest it’s been in 20 years. By a different measure, the dollar amount difference in wealth, the gap widened.
Their words, from the summary they publish with the rating.
In short
Joe Biden (President) made this claim around 8 January 2024. PolitiFact (United States) looked into it and published its finding on 12 January 2024, 4 days later. Its rating was “Half True”.
Joe Biden has 509 checked claims in this archive. Fact-checking organisations rated 140 of them false or fake, 281 misleading or mixed and 34 true.
Where the claim appeared
- YouTube videohttps://www.youtube.com/watch?v=ebT-nbVzJns&t=2599s
Links recorded by PolitiFact. Some posts may have been deleted since.
This check was done by PolitiFact, not by DoesItStand. We list it so you can find it. Their full evidence and reasoning are in their article.