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Mel Mudkiper posted:Yeah, I think one of the misconceptions that white people have about reparations is that its supposed to be some kind of lump sum to say "sorry about slavery" Can you put a rough dollar value on this in today's dollars?
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Nov 8, 2016 03:30
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Lightning Knight posted:I'm going to assume you meant a rough dollar value in terms of realistic modern reparations and give you an actual serious answer, and I would guess we could spend something on the order of 50 to 200 billion dollars on a broad program of black education, homeownership, job programs, decriminalization, and other myriad programs, and probably make a sizeable dent in black poverty without breaking the bank. That's relatively speaking a lot of money, but it's not some absurdly huge amount the US Government couldn't afford. For a frame of reference, that would be the equivalent of five to twenty aircraft carriers. We don't need more aircraft carriers. We need black people to have a future they can believe in. I suppose I was thinking of a debt-pricing approach. I'm curious if anyone has done the math on what the inflation and interest-adjusted value of slavery is/was over its lifetime existence in the US.
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Nov 8, 2016 03:45
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