Liberal Economics Professor Demands $12 Trillion in Slavery Reparations

(NewsBreakDaily.org) – A Liberal professor published a report demanding an $800,000 restitution for each African American household, whose ancestors were held in slavery. The Duke University professor, William Darity Jr., and his wife, Kirsten Mullen, demanded that the United States government must acknowledge and take responsibility for the actions that took place during the slavery period.

“We estimate that this will require an allocation between $10 and $12 trillion in 2016 dollars to eligible black Americans,” the report published by the Roosevelt Institute says.

Darity Jr. and Mullen propose raising that the government should use the money to increase the mean income of African American households to match the national median income.

“If the black mean rises to the same level as the white mean through the provision of an additional $800,000 to each black household, the intra-group black median-to-mean ratio would change dramatically to $817,600/$938,000, or approximately 87 percent.”

In their book “From Here to Equality”, William Darity Jr. and A. Kirsten Mullen attempt to make a case for slavery reparations.

Additionally, the couple said that the government must hold talks with the African American representatives and issue an apology to give the community “closure.”

Conservative African Americans have rebuffed the idea. The Secretary of Housing and Urban Development, Ben Carson, says the plan is unworkable. He questions how the compensation amount would be arrived at for people with mixed heritage, including African Americans, with a small percentage of DNA from other races. He said the government should come up with better solutions that benefit everybody.

“You know, I did my DNA analysis. OK. I’m 77% sub-Saharan African, 20% European, 3% Asian. So how do you proportion that out to everybody?” Carson said in an interview with Jericka Duncan.

Conservative politicians have also opposed the idea, terming it as punitive. The Senate Majority Leader, Mitch McConnel says no living American was responsible for slavery. He added that it was challenging to decide on who to pay.

“I don’t think reparations for something that happened 150 years ago for whom none of us currently living are responsible is a good idea,” said McConnel.

Similarly, most Americans oppose reparations for descendants of slaves. A poll conducted by the Associated Press-NORC Center for Public Affairs found that only 29% of Americans supported the idea. The support for reparations among Democrats was similarly low, with only 34% in favor, according to a HuffPost/YouGov poll

Additionally, many other races were forced into slavery and compensating all people affected by slavery would mean a much larger figure proposed by the Leftist professor.

Michael Tanner, a Cato Institute fellow, said the economy was unable to foot such a huge bill. He noted that COVID-19 had already increased the national debt to an estimated $26-27 trillion.

Despite the lack of support and funds for such a radical idea, some leftist politicians have tried to exploit the slavery issue for political mileage. The failed Democratic primaries candidates, Sen. Cory Booker (D-NJ), introduced a bill to form a reparations committee in Senate in 2019. Similarly, Rep. John Conyers (D-Mich.) also kept reintroducing the bill in the House until he retired.

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