San Francisco Reparations Plan

[flogger]

Slavery Reparations presented by the City are estimated to be about 5 million per "eligible" citizen (lump sum). It includes a guaranteed income of $97,000. per year and a $1.00 home!

Beyond any Racial questions about the plan, I wonder if the people pushing this have any idea of the cost.

Estimated cost (and it will go up) is $800 million, San Francisco has an annual budget of $300 million.

Some put the cost at $600,000 per non-black citizen. The city will go broke.

San Francisco was great place 20 years ago, now its an expensive crap-hole run by loonies. Kind of like Denver!

Just my opinion.

san francisco reparations plan - Search (bing.com)

[BPTactical]

Crack and hooptys are gonna get really pricey for a while…

[buffalobo]

Beyond ridiculous.

If you're unarmed, you are a victim.

[buckshotbarlow]

Escape from New York rings a bell...

[funkymonkey1111]

Slavery Reparations presented by the City are estimated to be about 5 million per "eligible" citizen (lump sum). It includes a guaranteed income of $97,000. per year and a $1.00 home!

Beyond any Racial questions about the plan, I wonder if the people pushing this have any idea of the cost.

Estimated cost (and it will go up) is $800 million, San Francisco has an annual budget of $300 million.

Some put the cost at $600,000 per non-black citizen. The city will go broke.

San Francisco was great place 20 years ago, now its an expensive crap-hole run by loonies. Kind of like Denver!

Just my opinion.

san francisco reparations plan - Search (bing.com)

That's $800 Billion, not million

[eddiememphis]

...I wonder if the people pushing this have any idea of the cost.

Hahaha! Since when has any modern politician considered the cost of any plan they put forward?

This has been in the news for a while and as it has gained a bit of steam, even Gavin Newsom has tried to distance himself from it, without outright saying it is bonkers.

[flogger]

[That's $800 Billion, not million!!]

Eh,... what's a few more zeros?

[Eric P]

What has been the cost of all the welfare programs? Surely more than the reparation bribes for votes program.

If the think they would of been better off if thier ancestors were left in Africa, they should migrate back to the home land.

[Rucker61]

[That's $800 Billion, not million!!]

Eh,... what's a few more zeros?

Nothing.

[OneGuy67]

That's $800 Billion, not million

Fuzzy math. In the article, they estimate 50,000 black folk in the city at $5 mil each equals $250,000,000,000.00 or $250 billion. Given the last census showed a population of 815,000 residents and the SF city annual budget as $14 billion, I'd say they would have difficulty in obtaining the revenue without increasing taxes, which will drive people out. Even the annual salary of $97,000 as listed to each black person is $4,850,000,000 or $4.85 billion annually. Not sustainable.