The economic chasm that has opened up between rural and urban/ suburban communities has grown increasingly stark as access to broadband internet has become ever more critical to economic viability. Many rural communities either have little access to broadband of any sort, or can only access it through a single provider, which often charges incredibly high prices for modest speeds.
Since the massive destruction of middle and lower class wealth during the Great Recession, another lingering crisis has become more and more apparent in this country: the enormous number of individuals who are unbanked or underbanked. These people lack access to banks in their neighborhoods and many do not have the minimum amount to open accounts at most traditional banks. As of 2014, 88 million people, or 38% of the population of the United States, fell into this category.
While social inequality runs rampant in the United States, systemic racism makes the issue catastrophic to communities of color. While our nation has historically oppressed black and brown Americans and deprived them of the means to build wealth, recent history has erased what little progress has been made on this front.