Sen. Cory Booker, D-N.J., just introduced a federal bill to deliver reparations. Booker, like other Democrats running for the presidency, thinks the modern equivalent of 40 acres and a mule will right the wrongs of slavery and lock down the black vote in 2020.
This is a pipe dream to placate the black community rather than a serious policy proposal.
Reparations are not what’s needed to strengthen the financial position of black Americans or build wealth in the long run — opportunity is. Reforming occupational licensing regimes, which lock blacks and those with criminal records out of work opportunities and entrepreneurship, would be a good place to start and help far more people.
The Impossibility of Slavery Reparations
A massive challenge of reparations