Squad Member Divulges VERY "Creative" Strategy To Fulfill $14 Trillion Reparations

Written By BlabberBuzz | Friday, 19 January 2024 01:45 AM
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New York Representative Jamaal Bowman, a member of the progressive "Squad," is advocating for a $14 trillion reparations measure from the federal government.

The Democratic lawmaker is pushing for the government to take responsibility for the enduring consequences of slavery, as reported by the Journal News.

Bowman draws parallels between the government's response to the COVID-19 pandemic and the "space race" to demonstrate the feasibility of such a measure. "When COVID was destroying us, we invested in the American people in a way that kept the economy afloat," Bowman stated. He further argued that the government could similarly invest in reparations without necessitating tax increases.

The question of funding, according to Bowman, is not an issue. "Where did the money come from?" he asked. "We spent it into existence."

Bowman is one of nine sponsors of H.R. 414, a bill introduced in 2023 that asserts the U.S. has "a moral and legal obligation to provide reparations for the enslavement of Africans and its lasting harm on the lives of millions of Black people in the United States." The proposed legislation would require the federal government to allocate $14 trillion to a reparations program for the descendants of enslaved Black people and people of African descent, who constitute 12% of the U.S. population, according to Census data.

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This bill follows a similar one proposed three decades ago, which aimed to establish a federal commission to study reparations. This year, the measure to set up a federal commission to examine the impact of reparations was reintroduced, with Bowman as a sponsor.

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The proposed legislation could potentially address perceived racial disparities in housing, mass incarceration, and education outcomes. As stated in the bill, it aims to "eliminate the racial wealth gap that currently exists between Black and White Americans."

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Bowman also expressed his belief that incarcerated individuals should have voting rights. "And I definitely think that when they come out, they should automatically be enfranchised," he said.

The Journal News reported that the federal government spent approximately $7 trillion in 2020, which represents about 28% of the nation's $25 trillion economy. Bowman suggested that the proposed $14 trillion could be distributed over several decades. "Who says the $14 trillion needs to be paid out in one shot?," Bowman questioned.

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The bill refers to scholars' estimates that the U.S. benefited from over 222 trillion hours of forced labor between 1619 and the end of slavery in 1865, which would be valued at $97 trillion today. "There were 246 years of free labor that produced trillions or hundreds of trillions of dollars for the U.S. economy," Bowman stated. "The economy wouldn’t exist in the way it does today if slavery hadn't built it."

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This is the latest in a series of attempts to implement reparations at the federal level. Similar initiatives are being pursued in Democratic-leaning states across the country, including San Francisco. In December, New York established a commission to explore the best methods of providing reparations to descendants of slaves. Governor Kathy Hochul signed the bill for a "community commission to study the history of slavery in New York state" to examine "various forms of reparations."

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