How much should we spend on reparations for slavery?

How much should we spend on reparations for slavery?

As Black Americans are estimated to hold at most, 3\% of the nation’s wealth, according to Census data, that amounts to $3.21 trillion. Eliminating the difference in household wealth, “would require a reparations outlay of $10.7 trillion” or, $267,000 per person for the 40 million eligible Black descendants of slavery, Darity and Mullen write.

What reparations should be made for the Civil Rights Movement?

Additionally, reparations should come in the form of wealth-building opportunities that address racial disparities in education, housing, and business ownership. In 1860, over $3 billion was the value assigned to the physical bodies of enslaved Black Americans to be used as free labor and production.

Is a federal reparations package for black Americans in order?

We’ve seen other groups receive restitutions while the federal government pulled back reparations for Black Americans. Accordingly, if we want to close the racial wealth gap and live up to our moral creed to protect “life, liberty and the pursuit of happiness,” a federal reparations package for Black Americans is in order.

What percentage of Americans are in favor of reparations?

When separated by race, the poll showed 74\% of black Americans, 44\% of Hispanics, and 15\% of white Americans were in favor of reparations. [ 6]

https://www.youtube.com/watch?v=hodJq98v50g

How can I pay reparations to a black mother?

If you have a life insurance policy or a living will, allocate some of the payout to a Black mom. This is an easy way to pay reparations, even after you’ve dropped dead and gone to the white afterlife. According to an independent guess, the average white family spends $27 a month on mayonnaise.

How many Americans favor reparations for civil rights?

But the poll reveals a large divide between Americans of different racial and ethnic backgrounds. Most black Americans, 74\%, favor reparations, compared with 15\% of white Americans. Among Hispanics, 44\% favor reparations.

Who opposes reparations for slavery in America?

Lori Statzer, 79, of West Palm Beach, Florida, opposes cash reparations and an official government apology. “None of the black people in America today are under the slavery issue,” said Statzer, who is white. “It’s over with.”