Reply to It's (finally) time for reparations. It's time for the US to pay its debt.

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[quote=Anonymous][quote=Anonymous][quote]Did you even read the OP? A wealth gap between white people and black people.

The white household living near the poverty line typically has about $18,000 in wealth, while black households in similar economic straits typically have a median wealth near zero.

At the other end of America’s economic spectrum, black households constitute less than 2 percent of those in the top one percent of the nation’s wealth distribution; white households constitute more than 96 percent of the wealthiest Americans. Moreover, even among the nation’s wealthiest households, extreme differences persist on the basis of race:
The 99th percentile black family is worth a mere $1,574,000 while the 99th percentile white family is worth over 12 million dollars. This means over 870,000 white families have a net worth above 12 million dollars, while, out of the 20 million black families in America, fewer than 380,000 are even worth a single million dollars. By comparison, over 13 million of the total 85 million white families are millionaires or better.

Blacks, while constituting just under thirteen percent of the nation’s population, collectively own less than three percent of the nation’s total wealth.

https://socialequity.duke.edu/wp-content/uploads/2019/10/what-we-get-wrong.pdf
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Look. Is your goal to make everything  the same for everyone?  Sure, there is a wealth gap.  There is an education gap.  There is a marriage gap.  Reparations is not going to change that.[/quote]

Wealth begets wealth.

An injection of wealth (reparations or other program) can help fix those other gaps.

The US has done great harm to black people. Time to fix that.

[/quote]

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