How you may wind up paying for San Francisco’s reparations plan

The Hill ^ | 04/21/2023 | KRISTIN TATE

[ChicagoConservative27]

“Play stupid games, win stupid prizes” seems to be the conservative response to San Francisco’s proposed reparation plan, which would dole out $5 million to each Black resident. After all, paying for this latest obsession of the radical left would transform the city into a bankrupt “21st century Detroit.” If you live in California, you’ve probably figured out that at least part of the bill would fall on your doorstep. However, Americans around the nation — including those in conservative states — would likely be on the hook for California’s radical reparations payouts, as well.

San Francisco’s African American Reparations Advisory Committee presented the plan, which includes not only millions in payouts to eligible Black residents, but also an elimination of all personal debt, guaranteed annual incomes of at least $97,000 for 250 years, and homes for Black residents for just $1. The city’s Board of Supervisors heard the proposal with enthusiasm, and its political make-up as perhaps the most left-wing city in the country may lead to its passage.

[Taxman]

ping

[econjack]

The book Time on the Cross by Robert Fogel and Stanley Engerman (both are Nobel Laureates in Economics) have a two volume book that proves the slaves were better off in economic terms as slaves than freemen. The biggest contributor to this was that in the Antebellum South they were treated as assets and provided with food, clothing, shelter, and especially, health care.