Reparations for blacks

[Higgins]

I'll bet there will be a fair few grumps when the bill for this lands on someone's desk to pay.

San Francisco reparations panel proposes $7.8m to every eligible back resident, total debt forgiveness

"Racial disparities across all metrics have led to a significant racial wealth gap in the City of San Francisco."

[antipodean]

@Higgins cynically I'm thinking those suggesting that solution don't pay tax, and or are more likely to receive $5 million than have to cough it up.

[dogmeat]

@Higgins Does Justin Trudeau qualify?

[Rancid Schnitzel]

@Higgins said in Grumpy Old Man:

I'll bet there will be a fair few grumps when the bill for this lands on someone's desk to pay.

San Francisco reparations panel proposes $7.8m to every eligible back resident, total debt forgiveness

"Racial disparities across all metrics have led to a significant racial wealth gap in the City of San Francisco."

So what happens if you're mixed race? Do they divide it by fraction of black?

[Crucial]

@Rancid-Schnitzel said in Grumpy Old Man:

@Higgins said in Grumpy Old Man:

I'll bet there will be a fair few grumps when the bill for this lands on someone's desk to pay.

San Francisco reparations panel proposes $7.8m to every eligible back resident, total debt forgiveness

"Racial disparities across all metrics have led to a significant racial wealth gap in the City of San Francisco."

So what happens if you're mixed race? Do they divide it by fraction of black?

To answer this question for others, the explanation is in the article.

Interesting concept, trying to monetise societal impacts. Obviously done with knowledge that it wouldn’t fly but to show the impacts of the past.

[MajorRage]

@Crucial said in Grumpy Old Man:

@Rancid-Schnitzel said in Grumpy Old Man:

@Higgins said in Grumpy Old Man:

I'll bet there will be a fair few grumps when the bill for this lands on someone's desk to pay.

San Francisco reparations panel proposes $7.8m to every eligible back resident, total debt forgiveness

"Racial disparities across all metrics have led to a significant racial wealth gap in the City of San Francisco."

So what happens if you're mixed race? Do they divide it by fraction of black?

To answer this question for others, the explanation is in the article.

Interesting concept, trying to monetise societal impacts. Obviously done with knowledge that it wouldn’t fly but to show the impacts of the past.

The impact of the past is 7.8m per person?

You can’t tell me you believe that.

[Crucial]

@MajorRage said in Reparations for Blacks:

@Crucial said in Grumpy Old Man:

@Rancid-Schnitzel said in Grumpy Old Man:

@Higgins said in Grumpy Old Man:

I'll bet there will be a fair few grumps when the bill for this lands on someone's desk to pay.

San Francisco reparations panel proposes $7.8m to every eligible back resident, total debt forgiveness

"Racial disparities across all metrics have led to a significant racial wealth gap in the City of San Francisco."

So what happens if you're mixed race? Do they divide it by fraction of black?

To answer this question for others, the explanation is in the article.

Interesting concept, trying to monetise societal impacts. Obviously done with knowledge that it wouldn’t fly but to show the impacts of the past.

The impact of the past is 7.8m per person?

You can’t tell me you believe that.

I don't have too. I wouldn't have a clue what their calculation methodology was.

[Kirwan]

How to increase racial tension in one easy step. Terrible idea for a country deep in debt already too.

[Crucial]

@Kirwan said in Reparations for Blacks:

How to increase racial tension in one easy step. Terrible idea for a country deep in debt already too.

I agree with the first statement. The concept does nothing in the way of forward looking.
I also don't take is as a serious proposal. More an academic excercise put into discussion at a bad time with no benefit and plenty of downside

[ACT Crusader]

Newshub surely can get the word “black” right.

This figure is from a panel of academics. Surely these academics will know that a publicly funded initiative (no matter what it is) is never an academic exercise….

[MajorRage]

@Crucial said in Reparations for blacks:

@MajorRage said in Reparations for Blacks:

@Crucial said in Grumpy Old Man:

@Rancid-Schnitzel said in Grumpy Old Man:

@Higgins said in Grumpy Old Man:

I'll bet there will be a fair few grumps when the bill for this lands on someone's desk to pay.

San Francisco reparations panel proposes $7.8m to every eligible back resident, total debt forgiveness

"Racial disparities across all metrics have led to a significant racial wealth gap in the City of San Francisco."

So what happens if you're mixed race? Do they divide it by fraction of black?

To answer this question for others, the explanation is in the article.

Interesting concept, trying to monetise societal impacts. Obviously done with knowledge that it wouldn’t fly but to show the impacts of the past.

The impact of the past is 7.8m per person?

You can’t tell me you believe that.

I don't have too. I wouldn't have a clue what their calculation methodology was.

I don't really understand this comment.

I get your point of what they are trying to do, but I guess I misread your previous post talking about impacts of the past that you may have thought it was potentially justified.

I am far from discrediting the idea (although if it were to come in, I'd GTFO San Fran as quickly as I could) as income disparity there is horriffic. You have Silicon Valley, perhaps the headquarters of wealth on the planet these days, and then the streets of San Fran are literally filled with homeless. It's truly terrible, and a very very bad look for your average capitalist.

However, 7.8mm per person would put your average black household of 2 adults into the wealthiest 1% in one of the wealthiest cities (by average) on the planet.

It makes the whole exercise look like nothing more than a cash grab / hand out. And that is truly terrible.