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Many Democrats continue to believe that the racism of average Americans — many of whom voted for Barack Obama twice — explains why Donald Trump won. This moralism suits party elites who would rather demonize the public than address growing inequality.
I’d say it probably has an impact, but as you say it’s small enough to overcome for the right candidate. It’s generally been true that regardless of color, a person can be anything, but black people and women have to work harder compared to a white man to achieve the same success.
That said, it was the economy. Damn near every election comes down to the economy. Race, gender, Gaza, all incidental. Now the economy will go to shit and Dems will win next time regardless of whether they run Aunt Jemima or Whitey McCracker.
My parents never talked politics, at least not to me, but I think it was upon Reagan winning that dad made a comment about, “We (Americans) always vote by our wallet.”