How Cory Booker's Baby Bond Proposal Could Transform the Reparations Debate

The average black family has wealth of about seventeen thousand dollars, while the average white family has wealth of about a hundred and seventy thousand dollars, according to William Darity, a professor of public policy at Duke. During the Obama Administration, Darity concluded that his preferred remedy, direct reparations to African-Americans, was not politically feasible. So he and a colleague, Darrick Hamilton, of the New School, began modelling a proposal to provide a trust account to each American child.  

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