Democrats love to throw reparations around to tease black voters every four years.
Well, the city of San Francisco is taking that to another level.
In May 2021, the city authorized the San Francisco African American Reparations Advisory Committee.
That committee has since released its recommendations.
How about a cool $5 million for eligible residents in San Francisco.
I would love to know where these people get these numbers from and how they propose to pay for it.
The cost is estimated to be about $50 billion, which is almost four times the annual budget of $14 billion.
The Committee stated, “A lump sum payment would compensate the affected population … and will redress the economic and opportunity losses that Black San Franciscans have endured, collectively, as the result of both intentional decisions and unintended harms perpetuated by City policy.”
The city of San Francisco has an annual budget of only $14 billion, but the program would probably cost the city about $50 billion.
Additionally, over the next two years, the city is dealing with a projected deficit of more than $700 million.
That deficit will surely get larger if this recommendation is taken seriously because taxes would go through the roof.
California’s population is already going down every year, and this would surely hit the accelerator on those thinking about fleeing for states like Texas and Florida.
Five million dollars… to quote Ricky Watters, “For who, for what?”
Source: New York Post