This New York Times article attempts to answer the question, but left me a little confused. It seems that many serious studies go back to the idea of “40 acres and a mule” promised to freed slaves by Abraham Lincoln. That promise was never honored. There are several estimates of what that could mean today. But see if you can make sense of this statement: ” He used the current average price of agricultural land and figured that 40 acres of farmland and buildings would amount to roughly $123,000. If all of the four million slaves counted in the 1860 census had been able to take advantage of that offer, it would have totaled more than $486 billion today — or about $16,200 for each descendant of slaves.” There are also ideas for “longer-term investments in education, housing and businesses that build up wealth”.

Here are a few facts the article points out. First, the net worth of the average black household is only about a tenth the net worth of the average white household. I knew there was a gap, but the size of the gap is shocking to me. Second, the United States has paid reparations to descendants of citizens held in Japanese-American internment camps.

Personally, I support reparations in principle, although I think native Americans and anyone born into poverty through no fault of their own suffers just as much as an African American in a similar economic circumstance. One idea would be to pilot social programs like universal health care, child care, and free college initial for African Americans and Native Americans, and then expand them to the general population as they are fine tuned and shown to be successful.