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$20.3 trillion
- At a very moderate interest rate of 3%, I arrived at an estimate of $20.3 trillion in 2021 dollars for the total losses to Black descendants of enslaved Americans living today. It is a huge sum – roughly one year’s worth of the U.S.‘s GDP – but a figure that would comfortably close the racial wealth gap.
today.uconn.edu/2021/03/there-was-a-time-reparations-were-actually-paid-out-just-not-to-formerly-enslaved-people/There Was a Time Reparations Were Actually Paid Out - Just ...
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- Demands For Reparations Have Endured For More Than A Century
- Experts Disagree on What Reparations Should Look Like
- H.R. 40 Has Also Sparked Debate Among Reparations Proponents
Calls for reparations for enslaved men and women — and later, their descendants — have been made in various forms since the end of the Civil War. But these demands have never been met by the federal government. In 1865, Union Maj. Gen. William T. Sherman orderedthat land confiscated from Confederate landowners be divided up into 40-acre portions an...
In recent years, reparations have often been discussed alongside the racial wealth gap, or the difference between wealth held by white Americans compared to that of other races. Research has found that the gap between white and Black Americans has not narrowed in recent decades. White households hold roughly 10 times more wealth than Black ones, si...
Discussion of how to best conceptualize reparations has spilled over into debates over H.R. 40, which languished in a House subcommittee for more than three decades before being voted out of committee this year. While supporters of the legislation argue it is the best vehicle for better understanding the need for and possible avenues of providing r...
- P.R. Lockhart
Sep 14, 2021 · And how much is the bill? Some back-of-the-envelope calculations suggest that it’s pretty substantial. In 1857, it was estimated that there were a million tons of guano on Navassa, piled...
Jun 19, 2021 · Meaningful reparations that would close the racial wealth gap would cost the U.S. government between $10 trillion and $12 trillion overall, or roughly $800,000 for each eligible Black household,...
Apr 15, 2021 · History was made in the US Congress when the House of Representatives’ Judiciary Committee voted on April 14, 2021 to move H.R. 40, the Commission to Study and Develop Reparation Proposals for...
Feb 3, 2022 · HKS faculty members Cornell William Brooks and Linda Bilmes explore why the extensive U.S. system of restorative justice is so disconnected from the multi-faceted, intergenerational harms suffered by Black Americans.
Mar 26, 2021 · Playlist. NPR's Audie Cornish speaks with Dreisen Heath, a researcher and advocate at the Human Rights Watch, about reparations in the United States. AUDIE CORNISH, HOST: This week the city...
