San Francisco Reparations Proposal Has $50 Billion Price Tag

San Francisco Reparations Proposal Has $50 Billion Price Tag

San Francisco Reparations Proposal Has $50 Billion Price Tag

The San Francisco Reparations Board wants the city to spend $5 million per eligible person. What would this money be for? Reparations for those supposedly affected by chattel slavery. There are multiple problems with this, especially given that California was NEVER a slave state!

Keep in mind, the original idea from this committee was about $200 thousand per eligible resident. That was just a few months ago. NOW the price tag is $50 billion or more. 

San Francisco’s reparations committee will propose paying $5million to each longtime black resident of the city in a reparations plan this spring.

To qualify, people need to have identified as black on public records for at least 10 years and be at least 18 years old. They also must qualify for two of a number of requirements, including having been born in the city or migrated to it between 1940 and 1996 and then lived there for 13 years.

It is unclear exactly how many people would qualify should the proposal pass, but if just 10,000 people qualified it would cost at least $50billion. 

Exactly what are the qualifications devised by this committee of fools? First, the eligible person must identify as black, be 18 years of age or older, and resided in the city for at least 13 years. And then meet at least two of the listed criteria in order to receive their $5 million lottery winnings. 

 

Screenshot via Final Reparations Report

Yes folks, this criteria is directly from that report. Read through it all. There is only ONE item listed that has anything to do with slavery. Instead, let’s hand those supposedly eligible a lump sum payment, oh and wipe out other debt as well! 

“A lump sum payment would compensate the affected population … and will redress the economic and opportunity losses that​ ​Black San Franciscans have endured, collectively, as the result of both intentional decisions and​ ​unintended harms perpetuated by City policy​,” the San Francisco African American Reparations Advisory Committee said in a draft report issued last month, Fox News Digital reported. ​

~Snip

The committee also proposed wiping out all debts associated with educational, personal, credit card and payday loans for black households.

Is it any wonder that the city is looking at a $50 billion price tag for this virtue signaling? A city whose budget is only FOURTEEN BILLION? 

Furthermore, when you review the criteria, something else is troubling about this. Those eligible must meet two of the listed criteria. Only TWO items on that list require proof of residency. The rest of the items are open-ended. How much would you want to bet that, if this is passed, people from all over the U.S. start applying for reparations? 

Here’s something else:

1.2 Supplement African-American income of lower income households to reflect the Area Median Income (AMI) annually for at least 250 years ($97,000 in 20221).
Rationale: Racial disparities across all metrics have led to a significant racial wealth gap in the City of San Francisco. By elevating income to match AMI, Black people can better afford housing and
achieve a better quality of life.

A mandated paycheck to current and subsequent generations for the next 250 YEARS? This is welfare and “indiscriminate charity” on steroids folks. 

Who is going to pay for this? The California taxpayers evidently. Except that CA has gone from a massive budget surplus to a recession due to the state’s asinine spending habits and people leaving in droves. 

Oh, but we mustn’t criticize this virtue signaling effort. Nor should we point out the fallacies of embarking on such a costly gambit that would increase California and San Francisco’s debt. If we do so, we will be accused of “white resistance” per Obama. 

Indeed. The reparations are discriminatory on multiple levels, and against California law.

Keep in mind, there’s a significantly large Chinese population in San Francisco. A group that was SERIOUSLY discriminated against for decades. What about reparations for them? How about the Japanese? What about the Hispanics?? See where this is going?

Larry Elder is right:

‘Reparations is the extraction of money from people who were never slave owners to people who were never slaves.’

Committing two wrongs won’t make anything right. In this case, this asinine proposal will breed resentment, cause more division, and bankrupt the city if adopted. 

Feature Photo Credit: Briefcase of money via Pixabay, cropped and modified

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8 Comments
  • GWB says:

    San Francisco Reparations Proposal Has $50 Billion Price Tag
    By some calculations it’s closer to $220 billion.

    Only TWO items on that list require proof of residency.
    Something you missed: the proposal requires that you must have supporting documentation. But, wait, I thought documentation was RACIST?! Aren’t they merely perpetuating the racism by requiring documentation? (Especially since documentation of the past is much harder than documentation of the present.)

    Let’s remember to throw this on the pile next time someone screams that voter ID is “RAYCISS!”

    I’m with other people on this: it’s all just a shell game to get votes and unthinking approval, and it will never, ever actually happen. At best (for those shouting “gimmedat!”) they’ll “negotiate” it back down to $200k, which will barely rent them an apartment for a year.

  • Cameron says:

    In return, I propose the following:

    “No person who has received this payment and their children are eligible for any form of state assistance programs.”

  • NTSOG says:

    “[T]he eligible person must identify as black …”

    Identify? Does that mean, like the trans folk, that a simple self-belief and declaration is enough to ‘be’ black, i.e. like men who state they are women though they are still fully ‘plumbed’?

    Here in Australia we are seeing all sorts of apparently Caucasian folk – some blue eyed and red haired – declaring they are Aboriginal. There seems to be a positive relationship between [identifying] as Aboriginal and increasing government funding for services and financial assistance to [real] Aborigines. In short it pays [big!] to be Aboriginal.

    • Cameron says:

      Does that mean, like the trans folk, that a simple self-belief and declaration is enough to ‘be’ black,

      See “Shaun King” as your answer.

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