San Francisco recently announced a plan that seeks to provide reparations for the Black community. Under this proposal, every eligible Black adult in San Francisco would receive payments of $5 million, elimination of personal debt and tax burdens, a guaranteed annual income of at least $97,000 for 250 years, and the ability to purchase a home in San Francisco for only $1.
The cost for this plan would be $600,000 per non-Black family or roughly $250 billion dollars in total to taxpayers.
This is not a parody; this is an actual proposal.
The city-appointed "Reparations Committee" would have you believe that their goal is equity and equality, but whether their intentions are genuine or not, the results of such a measure would only deepen a racial divide and stoke flames of resentment. It's irrational, it's financially implausible, and it is politically insane, and that’s why San Francisco Democrats are trying to make it law.