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Good news - your government will spend as little as it can possibly get away with on those things whether you pay slavery reparations or not!
This always seems such a strange argument to me, as if governments are just screaming to spend money on roads, hospitals etc. They spend it on pet projects and tax cuts for their voterbase.
Well, if we’re talking about ideal spending of tax dollars, this isn’t acceptable either. Any way we split it, the government will not spend our money the way we see fit, so it’s still a valid argument to me.
Of course they are, roads, hospitals, railways etc are vote buying. Doesn't mean they are doing it out of a sense of civic duty because they are generally scum. But if you think that 14 trillion in reparations (450k per tax payer!) Isn't going to have a massive impact on future spending then I have a bridge for sale!
It depends on the period of time they're paid over, doesn't it? Generational debts like these are repaid over, well, generations. It's not going to be something we notice, and the UK aren't the only country involved.
Plus, if that's what you think, I don't think you can have seen the state of the UK's roads, hospitals and railways.
I use them daily so imagine how much worse they would be with generational debt.
It would be used as an excuse to privatise every thing left :( I really can't understand how it wouldn't affect the average person. You can't just hand wave away the impact of a very large amount increased debt. Ironically the people that would have had the least amount 'benefit' from the slave trade would be the ones that feel the most impact from any reparations. Social programs would be the first ones hit
I promise you, we had massive generational debt all the time I was growing up in the seventies, eighties and nineties, and when my mother was growing up in the 50s and 60s. We had way better public services then than we have today. Whether or not the government is making debt repayments has no bearing on public services—that's all about the attitude of the government, and a government that wants to privatise everything and destroy the public trust will always find some pretext to do so, such as the triple lock being the biggest votewinner in the land.