The Candidates’ Reparations Proposals

Last week I promised to examine the various proposals that the current crop of Democratic presidential candidates are proposing. Cory Booker is proposing “baby bonds,” a savings account for every newborn, with preference to those in poverty. This would amount to $1000 for each child, to be added to by “as much as” $2000 each year until the age of 18. Now it’s true that black families are disproportionately below the poverty line, but if black families aren’t singled out racially, it isn’t reparations, it’s just another anti-poverty program, maybe even a good one, but call it what it is. […]