Black Californians Owed More Than $800 Billion in Reparations, Economists Say ...Middle East

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Black Californians Owed More Than $800 Billion in Reparations, Economists Say
source : The New Republic ( Middle East ) () 59
Economists told a California state task force Wednesday they estimate that Black residents are owed more than $800 billion in reparations for harm caused by centuries of slavery and systemic racism.The case for reparations has been made many times in recent years, particularly after the murder of George Floyd in 2020. California was the first state to establish a task force to determine how to compensate for the legacy of slavery and racist policies made after the practice of enslaving people was abolished, both of which have crippled Black people’s economic mobility. Economists presented the task force with a preliminary estimate Wednesday that does not include either a recommended $1 milli

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