Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Economist Calls for $800,000 in Reparations for Every Black Household in America
NN ^ | 08-16-20 | Jay Greenberg

Posted on 08/16/2020 11:33:20 AM PDT by Steve1999

A leading U.S. economist has called for every black household in American to receive $800,000 in reparations.Duke University economist William Darity Jr. has co-authored a report proposing $12 trillion in reparations for African-Americans whose distant ancestors were enslaved.

(Excerpt) Read more at nnettle.com ...


TOPICS: Local News; Miscellaneous
KEYWORDS: blogpimp; usefulidiot
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-103 next last
To: Steve1999

Not. A. Dime.


41 posted on 08/16/2020 11:57:06 AM PDT by bk1000 (Banned from Breitbart)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Steve1999

Dayum. I need to find me a black woman to marry

Wonder if my wife would mind


42 posted on 08/16/2020 11:57:40 AM PDT by Pollard (whatever)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Steve1999

I wonder what the race-baiting economist would say to Germany about the over 6 million Jewish Slaves of which most were murdered and what their families should get?

Can we also next go down the list of Indian Tribes who set upon and murdered each other in many battles and wars here in the USA prior to us becoming a nation but somehow only our involvement should be paid for?

This would have no end and without question the 800K per person would still not settle it for the left....they need racism to continue to get power.


43 posted on 08/16/2020 11:59:12 AM PDT by ICE-FLYER (God bless and keep the United States of America)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Steve1999

Blogpimp uses FR as personal click farm for click bait blog using articles he doesn’t even write. Fortunately, there is a remedy for that.

************

Economist Calls for $800,000 in Reparations for Every Black Household in America

Duke University economist William Darity Jr. proposes $12 trillion fund

By: Jay Greenberg |@NeonNettle on 16th August 2020 @ 4.00pm

economist william darity jr argues that every black household should get 800k
© press

Economist William Darity Jr. argues that every black household should get $800k

News Thud
A leading U.S. economist has called for every black household in American to receive $800,000 in reparations.

Duke University economist William Darity Jr. has co-authored a report proposing $12 trillion in reparations for African-Americans whose distant ancestors were enslaved.

The figure which works out at approximately $800,000 per black household.

Darity Jr. and his wife Kirsten Mullen co-authored the report for The Roosevelt Institute, which argues that the Trump Administration is “culpable” and “must pay the debt.”

“[The] US government—the culpable party—must pay the debt,” the report proclaims.

“Ultimately, respect for black Americans as people and as citizens—and acknowledgment, redress, and closure for the history and financial hardship they have endured—requires monetary compensation.”

the call comes amid nationwide black lives matter rioting and looting
© press

The call comes amid nationwide Black Lives Matter rioting and looting

The proposal has been criticized by conservative and libertarian economic experts, who say it would greatly damage the US economy and future economic growth.

“Our national debt is already now up to around $26-27 trillion given the money we’re spending on COVID,” said Cato Institute fellow Michael Tanner.

TRENDING: Graham on Durham Probe Ex FBI Attorney Knows Where the Bodies are Buried

“And we’re losing more money because we’re not picking up the revenue because economic growth is so slow right now.

“This hardly seems the time to burden the economy with more debt, more taxes.

“Essentially what you want to do is stimulate economic growth for all our benefits.”

william darity jr says the trump administration is culpable and must pay the debt
© press

William Darity Jr. says the Trump Administration is ‘culpable’ and ‘must pay the debt’

The economics aside, leading African-American political figures, including Housing and Urban Development (HUD) Secretary Ben Carson, have cast doubt over the feasibility of reparations, according to Breitbart.

“What I would say about reparations is, you know, show me a mechanism that works,” Carson challenged interviewer Jericka Duncan when asked about the concept in December 2019.

“You know, I did my DNA analysis. OK. I’m 77% sub-Saharan African, 20% European, 3% Asian. So how do you proportion that out to everybody?”

“Proportionately, you’re not going to be able to figure it out. And where do you stop it? It’s unworkable,” he added.

“I would much rather concentrate on how do we provide the opportunities for people to get into a better economic situation now.”

Nonetheless, the Burlington City Council voted unanimously on Monday to launch a task force to study reparations for residents.

Last month, a “racial equity” task force commissioned by the city of Durham, North Carolina, issued a report recommending the creation of a reparations fund to address “systemic racism.”


44 posted on 08/16/2020 12:01:34 PM PDT by Larry Lucido
[ Post Reply | Private Reply | To 1 | View Replies]

Time to increase my investments in bling and spinny rims


45 posted on 08/16/2020 12:02:40 PM PDT by dsrtsage (Complexity is merely simplicity lacking imagination)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Steve1999

For the vast majority, the $$ would be gone within 5 years. Then they would claim that they were (somehow) swindled out of it.


46 posted on 08/16/2020 12:02:46 PM PDT by rbg81 (Truth is stranger than fiction)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MinorityRepublican
I'm Irish! Where's my reparations?


47 posted on 08/16/2020 12:02:51 PM PDT by 4Liberty (As a conservative college professor I'll pro'ly be fired soon & then killed. Been nice knowing you!)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Steve1999

If they can find the slave owners, I’m all for it.


48 posted on 08/16/2020 12:06:39 PM PDT by Wm F Buckley Republican
[ Post Reply | Private Reply | To 1 | View Replies]

To: Steve1999
Duke University economist William Darity Jr. and his wife Kirsten Mullen have co-authored a report proposing $12 trillion in reparations for Americans whose ancestors were enslaved.
Duke University economist William Darity Jr.
49 posted on 08/16/2020 12:06:58 PM PDT by Robert DeLong
[ Post Reply | Private Reply | To 1 | View Replies]

To: Captain Peter Blood

Let idiots like this go back to Africa. Tell us how great it is.


50 posted on 08/16/2020 12:09:20 PM PDT by Lumper20 (Our Congress must be stripped of FERS and their AFGE union insurance)
[ Post Reply | Private Reply | To 6 | View Replies]

To: CodeToad

Agree. I was around great black men in war and construction who would call this guy a joke.


51 posted on 08/16/2020 12:11:40 PM PDT by Lumper20 (Our Congress must be stripped of FERS and their AFGE union insurance)
[ Post Reply | Private Reply | To 8 | View Replies]

To: Mouton

We are trillions in debt, and; only Andrew Jackson every had our debt to zero. Yes he had slaves. Guess he was another jerk and not a great American.


52 posted on 08/16/2020 12:16:19 PM PDT by Lumper20 (Our Congress must be stripped of FERS and their AFGE union insurance)
[ Post Reply | Private Reply | To 23 | View Replies]

To: Lumper20

Offer every black 10K and a ticket to Africa and America’s problems are resolved. And cheaply at that.


53 posted on 08/16/2020 12:19:13 PM PDT by Bookshelf
[ Post Reply | Private Reply | To 50 | View Replies]

To: rktman

I think you have as good a case to get reparations from the families of the freed slaves as their descendants have from getting reparations from whites now. After all, they got their current freedom and wealth as a direct result of your ancestors sacrifice.


54 posted on 08/16/2020 12:26:50 PM PDT by Dutch Boy
[ Post Reply | Private Reply | To 10 | View Replies]

To: Captain Peter Blood

Reparations is a tree with a rope.


55 posted on 08/16/2020 12:27:37 PM PDT by Okeydoker
[ Post Reply | Private Reply | To 6 | View Replies]

To: CodeToad

This negro economist belongs in front of a firing squad. As for reparations a one way permanent ticket back to ancestral homelands is ok by me.


56 posted on 08/16/2020 12:28:46 PM PDT by Okeydoker
[ Post Reply | Private Reply | To 8 | View Replies]

To: Steve1999

Muhammad had slaves.


57 posted on 08/16/2020 12:28:56 PM PDT by T.B. Yoits
[ Post Reply | Private Reply | To 1 | View Replies]

To: Steve1999

In 1860, the average cost for an enslaved person was $800.00. At today’s rate of inflation that is about $25,000.00
I might be good with that amount given to anyone who can PROVE they are a descendant of a slave, BUT that ends it, no more welfare, no affirmative action, no set asides. The debt is paid in full!


58 posted on 08/16/2020 12:29:24 PM PDT by kalee
[ Post Reply | Private Reply | To 1 | View Replies]

To: kalee

“BUT that ends it,”

That never ends it. Never. There will always be their hand out demanding more. Appeasement never works. We need to stop ALL welfare payments and make them feed themselves.


59 posted on 08/16/2020 12:30:38 PM PDT by CodeToad (Arm Up! They Have!)
[ Post Reply | Private Reply | To 58 | View Replies]

To: Steve1999
Mr 40 Asses and an Acre:


60 posted on 08/16/2020 12:30:59 PM PDT by VeniVidiVici (Cannon Hinnant #SayHisName)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-80 ... 101-103 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson