
Transferring Wealth
The politicians proposed plans would transfer wealth to whites too. But heres the important thing: their plans would give whites significantly less money and blacks significantly more money given existing wealth disparities between black and white families. Help us champion truth freedom limited government and human dignity. Support The Stream For example Bookers baby-bond" program. It would give every child born in the U.S. a set amount of money every year. The amount would be tied to the familys income. It would be paid into a bank account. The children couldnt spend the money until they turned 18 and then only on certain things such as buying a home or school tuition. The program would give the average black child about $29000. It would give the average white child $16000 or only 55 of what the black child gets. While the mainstream Democratic candidates are proposing nuanced forms of reparations some lesser known candidates want straight transfers of wealth to blacks. Marianne Williamson a self-help guru and author connected to Oprah would give$100 billion to blacks.Inequality
Its true that blacks are disproportionately poor compared to whites. Their crime rates are higher. But is this the result of years recovering from slavery? Or from the Democrats more recent failed policies that encourage black moms to be single leaving young men growing up without fathers? Why should everyone else pay for their failed policies?
The country of Zimbabwe tried to implement a form of reparations which backfired.
Reparations have been tried elsewhere without success. The country of Zimbabwe tried to implement a form of reparations which backfired. The government took money from white farmers without compensation and gave it to politically connected blacks. It resulted in hyperinflation and food shortages. It left the black population worse off. The new government has reversed the policy.
Study after study have shown that the vast majority of people dont like handouts. They want to make a living and provide for themselves. It gives them a sense of pride and dignity. If people are handed free stuff they are less likely to value it and treat it responsibly.
Unconstitutional
As the Supreme Court has interpreted the Constitution it forbids racial handouts to rectify mistreatment of a group that occurred in the past. Someone who grew up in the modern era is so removed from slavery it is difficult to point to the specific harm they suffered as a result. Until the composition of the Supreme Court changes its not likely to uphold reparations.
Who qualifies as black?
Who qualifies as black? Someone who is half black? One quarter black? One eighth black? One sixteenth black? What if a black person like Sen. Harris is descended from slave owners not slaves? What about whites whose ancestors were never slave owners?
A reparations program would be difficult to implement honestly. Many people dont know whether their ancestors were slaves or slave owners. The mainstream Democrats programs would take money from all taxpayers not just whites. Why should other groups that have been aggrieved such as Japanese-Americans who were interned during WWI be punished?
If black Americans are entitled to reparations what about other racial and ethnic groups that have faced mistreatment in the past? Sen. Warren is also calling for reparations for Native Americans.