A Duke University professor of economics called for $14 trillion in reparations for the descendants of American slavery this past week, which equates to approximately $350,000 per recipient.
Appearing on the “Dr. Phil” show, William Darity said cash reparations should be designed to reduce the wealth gap between white and black Americans, which currently stands “in excess of $840,000 per household,” according to Fox News.
As for where that prodigious amount of money would come from, Darity said the feds.
“It would be paid by the federal government in the same way in which the federal government has met the expenses that were paid out for the purposes of trying to deal with the great recession and also, most recently, with the economic downturn associated with the great pandemic,” Darity said.