Reply With Quote
And yes, I admit to fishing here.
What America owes: How reparations would look and who would pay
By Samara Lynn and Catherine Thorbecke
September 27, 2020
Darity and co-author Andrea Kirsten Mullen have a new book, "From Here to Equality: Reparations for Black Americans in the Twenty-First Century," that analyzes past estimates for reparation amounts and offers new ones.
University of Illinois Urbana-Champaign economist Larry Neal estimated in 1983 that America owed $1.4 trillion in reparations for Black descendants of enslaved people. Neal based this figure on the amount of wages earned by non-enslaved workers between 1620 and 1840, subtracting costs related to the care of slaves (food, housing, care, etc.).
According to Darity and Mullen, that 1983 figure compounded at 4%, 5% and 6% interest by 2019, would be $5.7 trillion, $8.1 trillion and $11.4 trillion, respectively, as per their calculations.
They also suggest there was a major flaw with Neal's calculation: it doesn't take into account the 20 years before the Civil War.
https://abcnews.go.com/Business/amer...ry?id=72863094
Discuss.
And yes, I admit to fishing here.
I hope Dems run on this.
Then the Brits need to pay US reparations for all the suffering they caused, and then the Mexicans at the Alamo, then Ray Allen in game 6.
Where do I sign?
They received a free ticket to America. My family had to file paperwork, wait for a sponsor and pay for a flight.
the US got all kinds of reparations. 13 colonies and independence
Just walked on board like they had won some sort of lottery.
Got on a cruise ship with all the luxuries...
All for free, what a deal!
Are they slaves?
I guess we owe women as well, since they were mistreated for a while.
Shame on bad whitey. And Orange man bad.
Hes not bad. He’s just incurred a lot of financial losses while winning so much.
Damn it I need to take more financial risks. And just lie.
The slaves got independence, and Houston.
You got the lying part taken care of.
Yeah that and my excessive IQ you claim I have.
emancipation, not independence
i dont believe they are actually asking for independence in any significant numbers
More lying.
Thanks, Spock.
sure thing, sybok
My brother
we're not talking about Cubans, tbh
Dunno about "for a while"... seems we keep racking up the bill...
We are a country full of victims, yes? Must be terrible to live here.
No, they had to fight a war for that.
That's your claim, not mine.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions
