WASHINGTON — A recent piece by Ta-Nehisi Coates in The Atlantic suggested that the U.S. government should pay slavery reparations to black Americans for Jim Crow laws and other policies. That piece was not received well by many, but led to a recent op-ed in Reuters on the same topic.
Reuters published an opinion piece by Michael Maiello that pushed for the U.S. government to pay reparations to black Americans.
Maeillo began and said, “Imagine we have decided yes, as a society we must pay a price for these injustices, and it must be large. Those payments could well constitute the stimulus that the U.S. economy needs to take it into the next century.”
He called these reparations, “stimulus is stimulus, as long as it’s done right.” Maeillo pushed for giving money to black Americans and their families, but said it did not matter if it were invested or for spending.
He predicted that “reparations would affect 44.5 million Americans, most of whom are in a position, or could eventually be in a position, to do far more than spend.” He contended that this “stimulus” will “lead to both entrepreneurship and investment and potential direct poverty alleviation for 3.2 percent of the total population, assuming that cash-based reparations payments would be large enough to lift even the poorest recipient above the poverty line.”
What is your take on this piece on slave reparations in the U.S.?