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Rep. Cori Bush calls for $14 trillion in reparations for descendants of slaves

We’ve been hearing a lot of chatter about reparation recently, but none of it from the Biden White House. San Francisco’s reparations task force suggested $5 million for every black resident of the city, along with “the elimination of personal debt and tax burdens, guaranteed annual incomes of at least $97,000 for 250 years, and homes in San Francisco for just $1 a family.” Not only do you get $5 million in cash, but your credit card debt is eliminated.

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The State of California has set the price tag a little higher, at $200 million for every black person.

Rep. Cori Bush is talking about reparations Wednesday, and she feels it will take $14 trillion to cover the entire country.

The Daily Mail reports:

The resolution states that the U.S. has a ‘legal and moral’ obligation to provide reparations for the enslavement of black people and calls for $14 trillion to be paid – ‘at least the amount of the black white wealth gap,’ Bush told DailyMail.com during a press conference.

The entire U.S. GDP was $25 trillion in 2022. The U.S. is already $31.4 trillion in debt and lawmakers are currently engaged in tedious negotiations over where to cut the budget so they can raise the debt limit.

The $14 trillion figure is in line with the findings of Duke University professor and economist William ‘Sandy’ Darity, who estimates the wealth gap is in excess of $300,000 per person and there are roughly 40 million black people whose ancestors were enslaved in the U.S.

Asked about the funding source of such a program, Bush suggested the nation reduce its spending abroad and on defense.

How much does Bush think the Pentagon spends every year?

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It’s at least interesting the “studies” they use to come up with these numbers. If you’re black and live in San Francisco, you’ll get federal reparations, $200 million from the state, and $5 million from the city plus a $1 house and a guaranteed income.

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