Does it rain money in San Francisco?
A special “reparations panel” has recommended that San Francisco pay out $5 million each to “longtime Black residents” (https://freerepublic.com/focus/f-news/4123787/posts).
Let’s look at some numbers, shall we?
The last census showed San Fran with some 44,000 black residents. Rounding down to 40,000, the “reparations” for “systemic racism,” etc., etc., would cost $200 billion.
Hmm… The city’s entire municipal budget last year was $14 billion. Even if it were only to pay off 20,000 residents, that’d still have them on the hook for $100 billion. San Francisco’s population, according to the 2021 census, was a bit over 800,000. That comes out to a quarter million dollars from each of those persons.
Where is that supposed to come from? Does everybody write a check?
If this is not the most daft, feckless, brain-dead public policy ever proposed, I don’t know what is.
5 comments on “San Francisco: Crazier Than We Thought”
Total Insanity by those living in LaLa Land.
I’m glad I don’t live in California anymore. I got out of there 30 years ago. But the craziness is spilling over and spreading.
Give people free things and they will expect more free things. It’s never ending.
How hard do you think it would be for you to cough up a quarter of a million dollars?