Economist proposes slavery reparations of up to $12TRILLION - equivalent to $800,000 per black household or half of American GDP | WHAT REALLY HAPPENED

Economist proposes slavery reparations of up to $12TRILLION - equivalent to $800,000 per black household or half of American GDP

Duke University professor William Darity Jr and his wife Kirsten Mullen co-authored the report for the Roosevelt Institute arguing that the U.S. government should pay 'systemic reparations' for slavery.

It comes amid fresh calls for reparations, with 142 members of Congress backing a bill to study and put forward reparations proposals, and Democratic presidential candidate Joe Biden voicing support for the idea.

In his report, Darity argues that reparations should be designed to eliminate the gap in mean net worth between black and white households, arriving at a figure of about $800,000 per black household as sufficient.

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA