California’s reparations scheme is bad policy and worse politics
California’s reparations scheme is bad policy and worse politics
Dear readers,
Since at least 1865, when Congress voted to set up the Freedmen’s Bureau, Americans have debated how and whether to compensate former slaves. In 2020, when Donald Trump had reawoken the left and George Floyd, an unarmed African-American man, was murdered by a policeman, the idea of reparations—paying money to the descendants of slaves—became almost mainstream. Some Democratic politicians, under pressure from activists and eager to be on the right side of history, agreed to set up commissions to study the idea. A few years later, those commissions are coming back with recommendations.
Cash reparations for slavery are not popular. Only 30% of Americans support the policy. Most of those alive today played no role in Jim Crow; none can reasonably be blamed for slavery. Nor are black Americans the only disadvantaged group: try telling an unemployed Appalachian coalminer why finite tax dollars should go on reparations rather than, say, better schools or public health. Still, unpopular policies are sometimes right. Are cash reparations for African-Americans one such case?
source: The Economist, https://www.economist.com/leaders/2023/06/08/californias-reparations-scheme-is-bad-policy-and-worse-politics
Dear readers,
Since at least 1865, when Congress voted to set up the Freedmen’s Bureau, Americans have debated how and whether to compensate former slaves. In 2020, when Donald Trump had reawoken the left and George Floyd, an unarmed African-American man, was murdered by a policeman, the idea of reparations—paying money to the descendants of slaves—became almost mainstream. Some Democratic politicians, under pressure from activists and eager to be on the right side of history, agreed to set up commissions to study the idea. A few years later, those commissions are coming back with recommendations.
Cash reparations for slavery are not popular. Only 30% of Americans support the policy. Most of those alive today played no role in Jim Crow; none can reasonably be blamed for slavery. Nor are black Americans the only disadvantaged group: try telling an unemployed Appalachian coalminer why finite tax dollars should go on reparations rather than, say, better schools or public health. Still, unpopular policies are sometimes right. Are cash reparations for African-Americans one such case?
source: The Economist, https://www.economist.com/leaders/2023/06/08/californias-reparations-scheme-is-bad-policy-and-worse-politics
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