Democrats sure don’t let a crisis go to waste.
After spending months trying to exploit the coronavirus for political gain, now one prominent liberals is trying to use the death of George Floyd to demand reparations for African Americans.
During an interview Monday on CNBC’s Squawk Box, the founder of Black Entertainment Television (BET), Robert Johnson, called for the U.S. to create a “$14 trillion” expenditure for slavery reparations to address “racial inequality in America.”
“Now is the time to go big. Wealth transfer is what’s needed,” Johnson began.
“Think about this. Since 200-plus-years or so of slavery, labor taken with no compensation, is a wealth transfer. Denial of access to education, which is a primary driver of accumulation of income and wealth, is a wealth transfer,” he added.
“Damages is a normal factor in a capitalist society for when you have been deprived for certain rights,” Johnson insisted. “If this money goes into pockets like the [coronavirus] stimulus checks … that money is going to return back to the economy.”
“I’m talking about cash. We are a society based on wealth. That’s the foundation of capitalism,” Johnson said.
Johnson did not explain who is going to pay for this or where the money would come from.
So, in other words, he wants you — the American taxpayer — to foot the $14 trillion bill.
As Breitbart previously reported, there’s pretty much no way cash reparations can or will ever happen:
A paper published by Social Science Quarterly estimated cash reparations payments could cost between $5.9 trillion and $14.2 trillion.Who exactly would be on the hook, 150 years later, to pay a $14 trillion debt? Would ancestors of the more than 642,000 Union soldiers who died to abolish slavery be exempt? What about the 2 million men who risked their lives during the war?
The United States became home to more immigrants in the three decades after the Civil War than during the previous three centuries combined. They and their ancestors had nothing to do with slavery. By 1907 1.3 million people had entered the country through Ellis Island alone. Again, they and their ancestors had nothing to do with slavery. More than 50 million more people immigrated here over the next four decades. They and their ancestors had nothing to do with slavery. Would we exclude these innocents from paying reparations?
What about the more than 8 million Americans who in the 2010 census identified as two or more races. There are 3.1 million African-Americans who identify themselves as mixed race. Another 1.8 million people self-identified as white and black.
Sadly, this is another attempt by liberals to exploit the death of George Floyd to push another radical, far-left idea.