by Karl Denninger, Market Ticker:

As they say…. oops.

Democrat politicians have been buying votes for the last two decades with two policies:

• Sanctuary cities.  That is, come here, legal or not, access services which cost taxpayers money, and its fine.  Whether that’s education, medical care, housing, whatever.
• Reparations.  The premise that black people today are owed something due to the legacy of slavery.

I’ve dealt with the absurdity of the latter several times in my column and see no particular reason to go back through all of it here.  It is simply sufficient to note that when it comes to both over-allocation of resources (e.g. dollars-per-pupil on education) and per-capita spend on welfare black people have gotten more and paid less for the last 50+ years to the tune of trillions of dollars.  Anyone who wishes to argue for such has to deduct all of that out first and its entirely possible you might find that if you do black people owe everyone else, not the other way around.