Dr. Phil Says It Would Be An ‘Absolute Disaster’ After Duke University professor Calls For $14 Trillion Reparation Program For Black Americans

[DigitalDrifter]

This insane idea would only make inflation skyrocket even further!

Duke University professor William Darity spoke on a Tuesday episode with Dr. Phil about his plan to give reparations to the Black Americans that are descendants of slaves. “The first condition is that reparations should be paid to Black Americans whose ancestors were enslaved in the United States,” he said. “The second is, how much should be paid? The amount should be dictated by the disparity in wealth between Black and White Americans, which at the current moment amounts to in excess of $840,000 per household.” He described his “objective,” is to “eliminate the racial wealth gap in the United States,” noting that this “would require an expenditure of $14 trillion, which would be distributed evenly across the 40 million Black American descendants of U.S. slavery. That would be approximately $350,000 per person.”

MSN

 

[Jessica-stormlover]

It is dumb way to use this money for. I'd invest in education, jobs programs and infrastructure within the innercity with the money.

 

[EvilCat Breath]

It is dumb way to use this money for. I'd invest in education, jobs programs and infrastructure within the innercity with the money.

That's been tried and failed.

 

[EvilCat Breath]

What blacks want is to be royalty the way royalty was in the dark ages.

 

[Jessica-stormlover]

That's been tried and failed.

Such investment in our country is why we have a middle class and 99% of the wealth isn't literally in the hands of the top 1%,. Same with China and india and why they're going to blow pass America pretty soon as investment matters. We're fucked with people like you cutting and slashing everything.

 

[Jessica-stormlover]

Such investment in our country is why we have a middle class and 99% of the wealth isn't literally in the hands of the top 1%,. Same with China and india and why they're going to blow pass America pretty soon as investment matters. We're fucked with people like you cutting and slashing everything.

That in the anti-trust laws of the early 20th century.

 

[jotathought]

Yes .. yes .. please spend 14 Trillion on payments .. let's bankrupt Social Security and Medicare so we can take care of all those individuals who weren't alive during legal slavery.

What a great idea! One of the conditions is they should be restricted from bitching about racial disparities from the acceptance of the check going forward. Pay them .. and just shut up.

 

[EvilCat Breath]

Such investment in our country is why we have a middle class and 99% of the wealth isn't literally in the hands of the top 1%,. Same with China and india and why they're going to blow pass America pretty soon as investment matters. We're fucked with people like you cutting and slashing everything.

Yes such investment years ago is why we have a middle class mostly white. Such investments do not work among blacks. They do not believe in investments. They believe in entitlements.

 

[excalibur]

It is dumb way to use this money for. I'd invest in education, jobs programs and infrastructure within the innercity with the money.

They refuse schooling now, refuse available jobs, and would steal the copper and whatever else they could sell.

 

[excalibur]

They'd still be bad tippers and wear their pants hanging off their ass.

 

[Concerned American]

Yes such investment years ago is why we have a middle class mostly white. Such investments do not work among blacks. They do not believe in investments. They believe in entitlements.

Fifty-eight years of exclusive gender and race-based benefits have been provided already. They have been squandered. It is beyond time for this country to return to the tenants of EQUALITY. NO SPECIAL PROGRAMS FOR ANYBODY.

 

[DigitalDrifter]

So the "professor" claims that the disparity of wealth between white and black households is $840,000. Do most Americans agree with this being the gap?

 

[DigitalDrifter]

If there are reparations to be paid, most of it should come from Brazil and other South American countries where the absolute vast majority of slaves ended up going to.

 

[DigitalDrifter]

Listen to this man!!!

 

[badger2]

It is dumb way to use this money for. I'd invest in education, jobs programs and infrastructure within the innercity with the money.

Sorry, it'll be spent on Air Jordans and Chinese fentanyl.

 

[Concerned American]

So the "professor" claims that the disparity of wealth between white and black households is $840,000. Do most Americans agree with this being the gap?

Let's see now. Since the average net worth in the US is ~$740K and the median (half of Americans have more and half have less) net worth is ~$121K, where does this "professor" come up with this $840K number? Especially since total black population in the US is about 13% of 330M or about 40M. He says ~4M black people (10% of the total) would be eligible. Do we deduct the wealth of the Oprahs and Whoopis and Michael Jordans before we figure these numbers? That would lower the average significantly. He must have gotten his education in Chicago. His numbers bear no resemblance to reality.

United States Net Worth Brackets, Percentiles, and Top One Percent - DQYDJ

Graph & table of net worth brackets and percentiles in the United States for recent data. See top one percent, top .5%, and .1%, median, and more.

dqydj.com

 

[deannalw]

It is dumb way to use this money for. I'd invest in education, jobs programs and infrastructure within the innercity with the money.

Phrt. You act like we even have 14 trillion dollars.

 

[excalibur]

Fifty-eight years of exclusive gender and race-based benefits have been provided already. They have been squandered. It is beyond time for this country to return to the tenants of EQUALITY. NO SPECIAL PROGRAMS FOR ANYBODY.

They've gotten worse thanks to the special treatment and SCOTUS allowed it even after acknowledging it violated the rights of everyone else.

SCOTUS! Do the right thing and completely eliminate affirmative action and quotas.

 

[Concerned American]

most of it should come from Brazil and other South American countries where the absolute vast majority of slaves ended up going to.

Most of those suggested reparations should come from ENGLAND--according to the 1619 Project, that is when slavery in this North America started. this comprises over 150 years of ENGLISH importation of slaves from Africa. I contend that any reparations should be paid for by the people responsible for bringing this scourge to the US. Additionally, there is the issue of who profited from the sale of those people into slavery--their contemporaries in Africa. They also would be responsible for the lion's share. Collect from them. LMAO, good luck with that.

 

[Superbadbrutha]

What blacks want is to be royalty the way royalty was in the dark ages.

Is that what we want? How did you come to that conclusion? How many black folks have you spoken to personally on this matter?