That excuse won't fly here. Blacks are talking about reparations, not slavery reparations. And whites today benefit from the compound interest on the wealth made by slaves. The excuses get old. You weren't here on July 4th, 1776, but you'll celebrate the fourth of July. People today benefit from what happened before 1965.
Furthemore:
Citygroup did a study focusing on U.S. GDP from 2000 until 2020. The study revealed huge losses in GDP due to continuing discrimination against blacks in business revenue, education, housing credit, and income. The study determined that since the year 2000, continuing discriminatory practices in the four areas mentioned in the prior sentence resulted in a loss of 16 trillion dollars in GDP.25 The breakdown is as follows:
âClosing the Black racial wage gap 20 years ago might have provided an additional $2.7 trillion in income available for consumption and investment.
Improving access to housing credit might have added an additional 770,000 Black homeowners over the last 20 years, with combined sales and expenditures adding another $218 billion to GDP over that time.
Facilitating increased access to higher education (college, graduate, and vocational schools) for Black students might have bolstered lifetime incomes that in aggregate sums to $90 to $113 billion.
Providing fair and equitable lending to Black entrepreneurs might have resulted in the creation of an additional $13 trillion in business revenue over the last 20 years. This could have been used for investments in labor, technology, capital equipment, and structures and 6.1 million jobs might have been created per year.â
At a minimum, reparations can be requested for money lost from 2000 until right now. If we only take lost income from racism starting in 2000, it equals $57,569 per black person in America based on the 2020 U.S. Census. Including all losses due to racial discrimination equals $277,185 per black person in America. This is money owed NOW for things done in OUR LIFETIMES.
The excuses have got to stop. You are responsible for fixing the damage consistent white racism has caused.