evidence: President Joe Biden referred to 2022 Federal Reserve data that showed a modest decrease in the wealth ratio between white and Black Americans. For every $100 the average white family had in wealth, the average Black family had $15.75, the smallest gap in 20 years. [...] "We’re growing back Black wealth, but we have a lot more to do," he said Jan. 8 in Charleston at Mother Emanuel AME Church, the South’s oldest Black church. "The racial wealth gap is the smallest it’s been in 20 years, under my watch. More Black small businesses are starting up than in decades. Opening a new business (is) the ultimate act of hope." [...] By one measure, the white-Black wealth ratio, that’s true. In 2022, that ratio modestly reduced to the smallest it’s been in 20 years.