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Originally Posted by Choro&Swing
No way! They want reparations for what was done to their ancestors. Here’s a paragraph on what that might cost from a New York Times article on that topic from 2019:
“What would Sherman’s promise [40 acres and a mule] be worth today?
“Mr. Darity has been mulling that question for years, and is writing a book on reparations with Kirsten Mullen, due out next year. He begins with the cost of an acre in 1865: about $10. Forty acres divided among a family of four comes to 10 acres per person, or about $100 for each of the four million former slaves. Taking account of compounding interest and inflation, Mr. Darity has put the present value at $2.6 trillion. Assuming roughly 30 million descendants of ex-slaves, he concluded it worked out to about $80,000 a person.”
What Reparations for Slavery Might Look Like in 2019 - The New York Times
Who pays for that? You do. |
So, maybe the U.S. government should have honored Sherman's promise back then, rather than wringing our hands over 150 years later about the hugely inflated amount it would cost today. It would have made a lot of sense from a fiscal standpoint alone, if you really think about it...