A friend of mine has child in St. Louis Park High School. He (a white kid) was forced to attend some black lives matter rally at the high school, and when conveying the story to his father said,

"It's like they think all white people are racist."

As his father conveyed this story to me he said at the end of it,

"You know, it's like they want us to be the slaves."

To which I responded to both,

"LIKE????"

So put on your economist hat lieutenants and economists, for the Ole Captain is about to lay down some of his serious Super Awesome Economic Genius.

It is a given that blacks receive government checks at a higher rate than the rest of the population. It is also a logical given that this is unfair to the rest of the population as this makes the rest of the population at least "part time slaves" to blacks (though anybody paying taxes is a slave to anybody else collecting a government check regardless of race).

Fine, which means this is a debate about....

reparations.

It is at this point I would like to say, "as far as my logic takes me, any additional government monies received above the proportion of the population should be considered reparations," but I'm not going to "say" it because, frankly, that's precisely what it is.

Reparations (well, either it's that or slavery).

Thus, the real issue my economic spidey senses wanted to solve was just how much in effective reparations has been paid out to the black community over the years through the form of government checks they've received beyond the rest of the population in terms of proportion. And with some previous research and some good luck finding a key piece of data, I was able to come up with a figure quite quickly.

$8.3 trillion.

The math is actually quite simple.

According to the DAILY KOS of all people, blacks account for 32% of welfare recipients while only accounting for 12% of the population. You would then think they receive thrice the amount of money they should, but it is not proportional math that is required here, but a "premium" calculation. In short, blacks are entitled to 12% of the social spending budget, but receive an additional 20%.

But how much in social spending has there been? And when do we start accounting for social spending? Have blacks always been collecting a 20% premium over their non-black American peers? There are all legitimate questions, but without over-complicating things, we'll just assume the vast majority of social spending has occurred since The Great Society. And 1971 is as good a starting point as any.

Why 1971? Because that's when I did some more serious research about all the social spending and it more or less includes the vast majority of social spending since The Great Society started.

The key thing is the total amount of federal government spending since 1971 is $63.3 trillion. 65% of that is social spending, so $41.3 trillion. 20% of that (using welfare as a proxy) has "unfairly" gone to blacks, or $8

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read full article at source: http://captaincapitalism.blogspot.de/2016/03/blacks-have-already-received-83.html