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BET Founder Robert Johnson Calls for '$14 Trillion' for Slavery Reparations

BET Founder Robert Johnson Calls for '$14 Trillion' for Slavery Reparations

BET Founder Robert Johnson Calls for '$14 Trillion' for Slavery Reparations
Jun 01, 2020 58 secs

needs to “go big” with a “$14 trillion” expenditure for slavery reparations as a way to address racial inequality in America.

Appearing on CNBC’s Squawk Box on Monday, Robert Johnson insisted, “Now is the time to go big” with a really big plan.

Johnson insisted that reparations for an institution of slavery that ended more than 150 years ago would be the “affirmative action program of all time” because “damages are owed” to black Americans for the “wealth transfer to white Americans away from African Americans.”.

Currently there is only $1.5 trillion in physical cash in the U.S?

So, Johnson’s reparations plan would require taking nearly half of all the world’s currencies to fulfill.

As Breitbart News entertainment editor Jerome Hudson notes, cash reparations for slavery may be a politically popular idea but executing a program of that magnitude would be close to impossible:.

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?

could come up with Johnson’s $14 trillion for anything, much less for the politically fraught idea of slave reparations

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