Turtlesoup
Diamond Member
- Aug 10, 2020
- 15,903
- 16,731
- 2,288
You are completely delusional.I'm fine with your essay. But the issue of reparations goes beyond slavery and it is not about what YOU/YOUR FAMILY did or did not do. And the Irish participated in discrimination against blacks. All the examples you make are not equivalent to what blacks endured. The only other group with a similar claim are native Americans and congress provides them money every year and will do so until the end of days. This is a case against the government that made the laws that allowed the atrocities to happen and the system that continues to maintain it.
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. The breakdown is as follows:
“Closing 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.”
Dana M Peterson, Catherine L Mann, Closing the Racial Inequality Gaps, The Economic Cost of Black Inequality in the U.S., pg. 4, Closing the Racial Inequality Gaps - CitiGPS
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 government gives out grants for businesses based on being black. The government also gives more for college ripoffs based on being black. The government has financed giant housing projects for blacks for generations now, and the government hires blacks for being black in jobs that many aren't qualified for and that certainly others are more qualified than they are. If anything, WHITES have been discriminated against for the last 20 years plus.