Not exactly factually accurate.
A bit more complex than this memes myopic generalization claim.
What is popular, is not always fashionable. What is fashionable, is not always popular.
Consider What the motherland of the 1st 13 Colonies did to eliminate Slavery.
They apparently believed in the property rights that are in our Bill of Rights since 1789 ratification.
What of the Eminent Domain Clause of the 5th Amendment in the US Constitution?
Were Slave Owners paid for their loss of property value at the hands of the Federal Government when the Emancipation Proclamation was issued ?
In todays world, Seems fitting to pay the property owners descendants first, with interest,
then they'd have something for reparations to be paid with now.
By this memes idea of USA Democrats of the Time Period Setting, in context, Newbies the Republicans apparently were so cheap in 1861, they'd rather go to war with their neighbors to steal their property value, rather than pay them at the going market rate.
https://www.bankofengland.co.uk/working-paper/2022/the-collection-of-slavery-compensation-1835-43