Duke University Economist Calls For $800,000 In Reparations For Every Black Household

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Duke University economist William Darity Jr. has co-authored a report proposing $12 trillion in reparations for African-Americans who distant ancestors were enslaved — a figure which works out at approximately $800,000 per black household.

Darity Jr. and his wife Kirsten Mullen co-authored the report for The Roosevelt Institute, which claims the current US government is “culpable” and “must pay the debt.

[The] US government—the culpable party—must pay the debt,” the report proclaims. “Ultimately, respect for black Americans as people and as citizens—and acknowledgment, redress, and closure for the history and financial hardship they have endured—requires monetary compensation.”

The proposal has been criticized by conservative and libertarian economic experts, who say it would greatly damage the US economy and future economic growth.

Our national debt is already now up to around $26-27 trillion given the money we’re spending on Covid,” said Cato Institute fellow Michael Tanner. “And we’re losing more money because we’re not picking up the revenue because economic growth is so slow right now. This hardly seems the time to burden the economy with more debt, more taxes. Essentially what you want to do is stimulate economic growth for all our benefits.

Breitbart report: The economics aside, leading African-American political figures, including Housing and Urban Development (HUD) Secretary Ben Carson, have cast doubt over the feasibility of reparations.

What I would say about reparations is, you know, show me a mechanism that works,” Carson challenged interviewer Jericka Duncan when asked about the concept in December 2019. “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?”

Proportionately, you’re not going to be able to figure it out. And where do you stop it? It’s unworkable,” he added. “I would much rather concentrate on how do we provide the opportunities for people to get into a better economic situation now.”

Nonetheless, the Burlington City Council voted unanimously on Monday to launch a task force to study reparations for residents. Last month, a “racial equity” task force commissioned by the city of Durham, North Carolina, issued a report recommending the creation of a reparations fund to address “systemic racism.”

Baxter Dmitry

Baxter Dmitry

Baxter Dmitry is a writer at The People's Voice. He covers politics, business and entertainment. Speaking truth to power since he learned to talk, Baxter has travelled in over 80 countries and won arguments in every single one. Live without fear.
Email: baxter@thepeoplesvoice.tv
Baxter Dmitry

13 Comments

  1. Reparation for what? Were these black people slaves? We do not pay reparations to 3rd and 4th generation Americans!!!

  2. Duke University should lose any government support for allowing this donkey to make such ridiculous statements!!!

  3. Oh well Gates is always wanting to be philanthropic Let him be happy and have the honour He and his wife and Bezos and saintly Soros could pay the bill and be free of the guilt of their personal greed Everyone’s a winner .

  4. Even though he didn’t deserve it, the systemic racism of Affirmative Action helped William Darity Jr. to acquire and retain his academic post at Duke University.

    Neither Darity nor any other modern Afro was a slave, nor were his parents or grandparents a slave, so you deserve nothing.

    • Not to mention that they’re far better off than if their ancestors had stayed in Africa! How many would prefer a mud hut to the home they have?

  5. Didn’t waste my time reading the “story”.

    So this will do it???? 800K per Black home and thats it???

    No more race card, no more repressing free speech by ANY folks NOT BLACK who call you Niggers???? No more Affirmative action???? No more BET??? Black only this, Black only that????

    Because THAT is exactly what the rest of the World will demand in “reparations” from YOU!

    BE CAREFUL WHAT YOU WISH FOR……. you might just get it. And get it some more, and some more, AND some more.

    • Blacks will always vote for seditious Democrat-Neocons no matter how much money you gift them.

      The only diversity supremacist group that is more reliable than Black voters for the Democrat-Neocon establishment is Jewish voters.

  6. So much for my kids going to Duke. One just got accepted, too. We’ll vote our edu dollars elsewhere, thank you.

  7. He is supposed to be an intelligent educator really lets start with him and all professors and colleges donate all their assets and salaries.

  8. Why is he claiming only Blacks have been slaves in the past ? Now that sounds a little racist to me. If Blacks get paid, so does every other race of people who have ever been slaves, should get paid. Is he saying you get paid if you were a slave a couple of years ago and that’s the cut off ? I’m Irish and I qualify to be inline to get paid.

  9. I think every black person in the U.S. should have enough net worth to equal what they’d have if their ancestors had stayed in Africa. Median wealth of an individual in Sierra Leone is $278.00, in Chad, $435.00, in Rwanda $1259.00, in Nigeria $1249.00, etc. So does any black person that is worth more than this owe the U.S.a refund of the difference?

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