Insanity Wrap #165: Even the New York Times Can't Hide the Truth About Florida and COVID
Insanity Wrap needs to know: If the New York Times reports good news about Florida’s re-opening, is the news still good?
Answer: Yes!
Before we get to the sordid details, a quick preview of today’s Wrap.
- Oregon Democrats introduce insane reparations bill
- Andrew Cuomo translated for the deaf and sophomoric
- Dictionary.com didn’t change its name to Newspeak.com, but maybe it won’t be long
And so much more.
Shall we begin?
This Is Not a Sane World, Exhibit #1,000,006
Oregon Democrats introduce legislation that would pay black residents $123k in slavery reparations
Oregon, where a very vocal (not to mention partly violent) segment of the population doesn’t even want to be a part of the United States, could become the first state government to pay reparations to the descendants of slaves.
Insanity Wrap marvels at the sheer daring of their hubris.
This country very quickly went from Barack Obama refusing to endorse reparations to reparations becoming nearly inevitable under the “moderate” administration of Presidentish Joe Biden.
And it’s starting in… Oregon?
Of course it’s Oregon:
According to the bill, the money will be paid to anyone who can demonstrate that they are a descendant of slaves and are identified as African-American on legal documentation.
The bill states that the state Department of Revenue is to establish a reparations payment program for African-Americans “who can demonstrate heritage in slavery” and provide legal documentation that identifies them as “African-American” for at least 10 years. Those eligible for the reparations must reside in the state for a minimum of two years.
The payment would be annual and recipients would be set to receive $123,000 paid out over the course of their life, plus interest.
Incentives, how do they work?
Allow Insanity Wrap to indulge in the numbers that Oregon Democrats cannot or will not.
Nobody knows how much Oregon’s reparations might cost state taxpayers, although local Republicans “estimate that the state could spend as much as $11.8 trillion.” Oregon’s state GDP stood at about $250 billion in 2019, meaning that over the course of the program, reparations could cost as much as 48 times the value of every single good and service produced there each year.
Insanity Wrap looked it up, and Oregon’s per capita personal income was $53,191 before the COVID shutdowns and nightly riots, and today is presumably less. So what lawmakers are proposing is about 2.5 years’ worth of free income (plus interest!) just for Oregoning while black.
The tax burden would be unbearable.
Insanity Wrap will put this very simply so that even a Democrat might understand it: If reparations pass, there will be no reason for non-black people to stay in Oregon and every incentive for black people to flood the state.
We’re forced to assume that the reparations bill is just cheap virtue signaling and not the Democrats’ actual plan to permanently bankrupt the state.
But Insanity Wrap also would also not be in the least bit surprised if the economic illiterates (we get tired sometimes of typing “Democrats”) in the state assembly actually mean it.
They’d bankrupt one of the loveliest states in the nation just to signal their own pretend virtue.
P.S. Oregon was never a slave state.
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