Here’s how we should do reparations—every American ages 30-50 that has an Black ancestor that was a ancestor in 1960 gets a check for $40k obviously with an income limit. In addition they would get a government backed mortgage with no interest for up to $150k with down payment coming out of $40k. Those under 30 get free college and upon graduation, serving 4 years in the military, or getting a certain # of SS credits get $10k. Those over 50 get $10k and then an extra $200/month from SS ages 62-70. Furthermore cities with affordable housing but declining population like St Louis would be encouraged to offer incentives to attract the newly flush citizens with offers like no property taxes for 2 years. So I just read about Blacks living in crappy expensive homes in Miami that will be destroyed in the next hurricane—get them to move to St Louis AND the low income people left behind will see their wages increase and in St Louis the tax base will eventually expand which benefits everyone already living in St Louis. So in 2021 that would be great stimulus coming out of the lock downs and help get us over 4% GDP growth for the first time since the 1990s!! (Bush’s faux 4% doesn’t count.)
