Skip to main content

A Modest Proposal for Reparations

 America needs to forgive itself for its original sins of slavery and ghettoization of native Americans. To claim that was a different time and a different set of people is disingenuous. The government aided and abetted these travesties and they need to help alleviate them. So the question is how to do this fairly?

Here’s a simple proposal. First we must make some observations: with DNA tracking, we know exactly who your ancestors were. They were either discriminated against or not. And we know the proportions, so we can base the reparations on a standard legal ground. The idea is to take each grouping of families and compare their wealth to the average. We can figure out what the growth rate would need to be to match the wealth of the groups at any time in the future. Pick a time frame to eliminate this systemic racism. Maybe as long as it was in place? About 350 years? So say we plan to be an egalitarian society at that point? That seems ridiculous! How about reversing the last 55 years of streaky relative decline since the Voting Rights Act was passed? That was almost 3 generations ago, about time to fix it.

What additional revenue would this group need to match wealth in a few centuries? Today’s ratio of wealth white to black is about 7 to 1. [1] So we need approximately 3 doublings to fix this. So to fix it in three generations we have to double it every 20 years. This would mean an extra 3.5% income every year. We can fade it out over the three generations, so start with double that amount and fade it to zero of the half century. How do we get this income to the right people? Tax credits. Give the reparations to the needy as a 7% tax credit, a form of Universal Basic Income for all those who were discriminated against. We can afford it. It would end up costing us less than the Republican’s latest tax scam for the rich. And it would go a far way towards making income inequality disappear. 

thanks for reading,

 -Dr. Mike


[1] https://en.m.wikipedia.org/wiki/Racial_inequality_in_the_United_States#Racial_wealth_gap

Comments

  1. Our group, nicely as|in addition to} DimersBOT, crunch the numbers day by day on all the big sports to provide you free parlay picks at present 퍼스트카지노 and sports betting ideas. When two teams go head-to-head, there’s all the time going to be a favourite to win and an underdog in search of glory. A level spread – or handicap – is set by oddsmakers on their prediction of the end result} of the sport, match, race, competitors, etc. If you bet on the group favored to win, you'll take the factors based mostly on the favorite team’s final rating. Reversely, should you bet on the underdog you add these factors to that team’s final rating. Our sports betting lounge features 12 betting kiosks, allowing you to stop by Spirit Mountain any time it suits you and still ready to|be succesful of|have the ability to} get your bets in.

    ReplyDelete

Post a Comment

Popular posts from this blog

The Declaration of Independence is the foundation of modern ethics

The Settlement of the War between Science and Religion . Why the Declaration of Independence and the Bill of Rights are More Important than you realize. These two documents provide the foundation of the Grand Moral Compromise between Religion and Science that allowed the Industrial Revolution to progress by defining the morals and ethics of governments and their relationship with the people. The only moral and ethical form of government is declared to be a Lawful Democracy with Religious  Freedom . These two documents define why this is from first postulates and dictate the method to form a government. The Grand Moral Compromise was defined in the Declaration of Independence and codified in the Bill of Rights : it is the agreement that abolished the crime of heresy in return for freedom of all religions , including science , the harbinger of truth . Only about half [G] of the world has agreed to this  Grand Moral Compromise , the rest are still at war with themselv

Hilbert space has no physical extent or extent in time. Quantum wave functions live in Hilbert space.

Hilbert space has no physical extent or extent in time. Quantum wave functions live in Hilbert space. This means that when you change a parameter in Hilbert space it changes everywhere at the same time. Every single entangled wave function now sees the same modified Hilbert space at the same time. The changes in Hilbert space are transmitted at infinite speed, apparently (It's actually worse than that: if you set up the experiment correctly you can get the Hilbert space to affect particles in the past. Yes, you can change the distribution of measurements on an entangled particle by making another measurement in the future, after the first particle is gone, absorbed in a detector. [1]) It really is like Einstein said: if you think you understand quantum mechanics then you just haven't been paying attention enough! Quantum mechanical wave functions are weirder than anyone thought they were and they were plenty weird before. Einstein, et al. defined how physical theories work,

Ten Grand Technical Challenges of the 21st century: 1. Settle Space, Mars, moon, asteroids, the solar system.

Settle Space, Mars, moon, asteroids, the solar system. The first of the Ten Grand Technical Challenges of the 21st century TIme for some more blogging. One blog post on each of the TEN GRAND CHALLENGES of the 21st century. The things that make us proud to be a part of the human race. The things that we should be doing regardless of what else is true, the things that make life have meaning. Humanity will infect the galaxy; we already are. Humanity has a chance to make a real mark on the universe. If you look at what we've been throwing out into space for the last 50 years, it's obvious we have some innate need to expand into new environments. People have been in space almost continuously since 1971 (that'd be ~50 years) and I detailed the history of the technology in this post [1] about how technology changes things. We keep throwing robots out there as fast and as far as we can. They aren't yet killer robots (we keep those closer to ho