Dr. Phil says Duke University professor's
call for $14 trillion in reparations,
which would hand $350,000 to every black
American descendant of slaves, would be
an 'absolute disaster' for the nation
Daily Mail (UK),
by
Harriet Alexander
&
Sophie Mann
Original Article
Posted By: Imright,
4/20/2023 12:44:50 AM
Dr Phil on Tuesday warned an economics professor's plan for $350,000 in reparations to 40 million descendants of slaves would be 'an absolute disaster', arguing that giving a lump sum was not the best way to help anyone.
The television host on Tuesday invited on his show Duke University's William Darity, who co-authored the book 'From Here to Equality: Reparations for Black Americans in the Twenty-First Century'.
Darity suggested the US government issue the funds in much the same way it sent out checks to millions of Americans during the onset of the COVID-19 pandemic, at a cost of $14 trillion.
Reply 1 - Posted by:
EJKrausJr 4/20/2023 1:29:44 AM (No. 1451586)
The question I didn't hear asked was: "What happens when the descendants of slaves have spent all the reparation money?" Is there more $$$ to be awarded or are the descendants on their own? If yes, then the one time printing of money might be well spent. No more welfare for the descendants.
11 people like this.
Reply 2 - Posted by:
BeatleJeff 4/20/2023 2:02:47 AM (No. 1451601)
$14 Trillion? Whatever happened to 40 acres and a mule?
10 people like this.
Reply 3 - Posted by:
Kafka2 4/20/2023 3:18:45 AM (No. 1451607)
The bill for this will be levied on those who never owned a slave nor any other their ancestors owned a slave and paid to those who never were nor where any of their parents were slaves just to buy their votes.
The ultimate injustice is many in Africa who are the descendants of those who captured and sold other Africans into slavery want to get in on this gravy train.
13 people like this.
Reply 4 - Posted by:
Trigger2 4/20/2023 3:41:36 AM (No. 1451613)
They've already received reparations. Count up the amout of welfare they've received.
17 people like this.
Reply 5 - Posted by:
mifla 4/20/2023 4:56:05 AM (No. 1451622)
If I get reparations and then father a child, does that child get reparations? What about my future grandchildren?
9 people like this.
Reply 6 - Posted by:
franq 4/20/2023 6:02:08 AM (No. 1451653)
Lunacy. But right in line with current woke thought.
9 people like this.
Reply 7 - Posted by:
SweetPea3 4/20/2023 6:14:08 AM (No. 1451660)
Lap dancers, tattoo parlors and crack dealers are licking their chops.
9 people like this.
Reply 8 - Posted by:
5 handicap 4/20/2023 6:19:36 AM (No. 1451662)
Affirmative Action results in BS like this every time....see Lloyd Austin!
9 people like this.
Reply 9 - Posted by:
WhamDBambam 4/20/2023 6:23:13 AM (No. 1451664)
Better title: "Ain't Affirmative Action great! Gimme yo money!"
4 people like this.
Reply 10 - Posted by:
anniebc 4/20/2023 6:33:39 AM (No. 1451672)
The prof should challenge his employer on free tuition for former slaves. Or is his gig at Duke enough?
4 people like this.
Reply 11 - Posted by:
petrichor 4/20/2023 7:00:39 AM (No. 1451682)
How many black actually believe that these reparations will happen? They never even mention if their plan is per person or per family. Will PONC be happy that POC, nineteen year-old gang bangers are getting hundreds of thousands of dollars FROM them?
3 people like this.
Reply 12 - Posted by:
wilarrbie 4/20/2023 8:01:05 AM (No. 1451717)
That's going to be difficult to produce when all the workers being taxed to provide it quit working.
5 people like this.
Reply 13 - Posted by:
Strike3 4/20/2023 8:15:51 AM (No. 1451733)
Duh. It doesn't take a doctor to realize that kind of math will not fly.
4 people like this.
Reply 14 - Posted by:
Strike3 4/20/2023 8:18:27 AM (No. 1451734)
By definition, every black person born into this generation and all coming future generations of black folks are descendants of slaves. Most white Americans are also descendants of slaves, where is ours?
4 people like this.
Reply 15 - Posted by:
watashiyo 4/20/2023 8:33:48 AM (No. 1451745)
Give them a million. With a poor "life skill way of life", they'll spend them all and help boost our economy. Those who manage their money well will live the American dream. Hope they embrace capitalism and conservatism to access more wealth and freedom.
2 people like this.
Reply 16 - Posted by:
Roscoelewis 4/20/2023 8:41:30 AM (No. 1451755)
Disaster for the nation, but what a windfall for the cartels.
4 people like this.
Reply 17 - Posted by:
NorthernDog 4/20/2023 8:44:07 AM (No. 1451757)
There are lots of lottery winners who say the sudden influx of cash was the worse thing that ever happened to them.
2 people like this.
Reply 18 - Posted by:
davew 4/20/2023 9:00:46 AM (No. 1451774)
The problem is not that the Federal government doesn't have the money. They routinely make appropriations that require dollars to be created by the Federal Reserve. That is how they were able to quickly respond to the pandemic without raising taxes.
The problem is that if they created $14 trillion and injected it into the economy by giving it to people who would immediately spend it, they would immediately create a massive inflation that would drive down the living standards of everyone. If the amount of money in the economy exceeds its capacity to produce goods and services those goods and services will go up in price. Its a fundamental law of economics.
I don't think the plan is to improve the lives of poor blacks. I think the plan all along is to destroy the United States as an economic power in the world. If you dig deep enough you will find China's fingerprints all over the push for reparations.
4 people like this.
Reply 19 - Posted by:
Krause 4/20/2023 9:02:21 AM (No. 1451777)
Isn’t Duke supposed to be a university of some prestige?
3 people like this.
Reply 20 - Posted by:
LC Chihuahua 4/20/2023 9:11:57 AM (No. 1451782)
That's the idea, Dr. Phil.
2 people like this.
Reply 21 - Posted by:
DougTN 4/20/2023 9:18:44 AM (No. 1451786)
Talking about 350% inflation. That money would turn new and used Escalades into a $500k price tag.
3 people like this.
Reply 22 - Posted by:
TCloud 4/20/2023 9:35:58 AM (No. 1451795)
And the Democrat voting Native Americans stand on the street corner with pants pockets pulled out and the lint flows in the breeze!
1 person likes this.
Reply 23 - Posted by:
thomthomp 4/20/2023 10:10:57 AM (No. 1451833)
I'm a Yankee. My ancestors fought, and some may have died, to free the slaves. Seems to me, if anything, the slave descendants owe me.
Yes, it's a stupid idea, but no more stupid than reparations for people who were never slaves.
3 people like this.
Reply 24 - Posted by:
MickTurn 4/20/2023 10:29:45 AM (No. 1451862)
No one living was EVER a Slave, nor is anyone living that owned a slave. Problem solved.
1 person likes this.
Reply 25 - Posted by:
Gordon Mills 4/20/2023 10:37:47 AM (No. 1451874)
Dr. Phil is as smart as Dr. Shylock
0 people like this.
Reply 26 - Posted by:
red1066 4/20/2023 10:38:25 AM (No. 1451875)
How much money do the descendants of the roughly 350 thousand white union soldiers who fought and died to free the slaves get?
1 person likes this.
Reply 27 - Posted by:
paral04 4/20/2023 12:00:02 PM (No. 1451955)
We need to offset that amount with all the money in welfare, crime and free health care for these same people. They will end up owing the government money.
1 person likes this.
Reply 28 - Posted by:
zoidberg 4/20/2023 2:04:30 PM (No. 1452010)
Duke professor is full of Duke-y.
1 person likes this.
Reply 29 - Posted by:
homefry 4/21/2023 7:29:44 AM (No. 1452540)
But it would be good for newport and the makers of 40s!
0 people like this.
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