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This.
OP is correct in the statement that any person alive has not been alive to either own slaves or be slaves. But that's not the point of reparations.
The point is that you have and continue to benefit from the times when slaves were legally permitted. It might not seem like it, and maybe someone along the line blew a bunch of that money on booze and gambling... But someone you are related to, and by proxy you are benefiting from the proceeds of slavery.
By extension, all of those proceeds from the work that slaves performed was robbed from them by their masters. Making most of the slaves insanely poor while the former masters were able to keep the money those slaves earned for them. So they started from nothing. Sure, they were "free" to some variation of free (not sure all the racism made it feel like much of a change)... Fact is, they started at zero, at a time when most established families were sitting pretty.
After all this time.... There's interest.
I don't know where they got these numbers and I haven't looked into it all that closely, but it doesn't seem too unreasonable given all of that.