The Trump administration is expecting that trillions of dollars in fiscal injections with trillions more of monetary crack from the Federal Reserve can boost the economy and revert economic activity to the "good ol' days." However, decades of Democratically-controlled big government in inner cities is learning that the promise of progressive policies and printing/borrowing their way out of economic collapse has yet to prevent social decay, let alone, socio-economic turmoil within American cities.
It's why President Trump is sending hundreds of federal agents to inner cities as record-high stock market prices have yet to translate into economic revival for "lawless" communities where high unemployment plagues low-income households.
The administration can blame the other political party for the socio-economic decay, or we can simply point the finger at decades of failed monetary policy, resulting in the widest wealth inequality in history. So when a virus-induced recession comes along, inner-city households with no savings, insurmountable debts, and non-asset holders, are instantly wiped out when businesses close, and layoffs surge.
The chaos unfolding in Chicago is a perfect example of social disintegration. After years of worsening murder rates - earning the city the nickname 'Chiraq', there's now an armed gang of children carjacking folks at gunpoint.
Chicago police say the children, ages 10-17, have been on a carjacking spree across Chicago's South Side, which started in late June.
The group of kids, in two incidents, have discharged weapons in broad daylight as they approached their victims.
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Northwest Woodsman: Justas I predicted, tribal marauders roaming the streets of our cities. This is exactly the kind of violence one would encounter in any African country.l
ReplyDeleteTake away the free. If a kid has a job to put food on the table, he will be to tired to steal from others. Keeping people on a free system is the abuse and the rascism in this country. We have lost sense of community. Money won't fix it. Every single person should be trained and serve in the military for two years. This is not getting better. In fact it will get worse. Look at all the people demanding the federal government to take care of them. Out county isn't set up like that for a reason. To keep the corruption out. We are on our way to some bad times. I don't see anyway out at this point. We are to far gone. Please prepare for some very bad times. Covid is the least of our worries.
ReplyDelete10:28. Agree. Bring back the draft or make it mandatory - male and female - 2 year military duty. Dotp with everything free. Welfare was meant to help tie you over until you found a job. It was not meant to breed lazy drug using minorities generation after generation.
DeleteLucky these little bastards haven't come up to a Virginian, we all carry!
ReplyDelete1055
Deletewatch ur 6
Democrats are taking over Virginia
you may loose all guns anytime soon
So I guess the next time we hear of a child being shot. It's justified?? OH YEAH.
ReplyDeleteLet that little Thug approach me ...
DeleteI'll show him who can shoot better
Guess they are just trying to get a loaf of bread too, right AOC?
ReplyDeleteJust like on my way through Waldorf yestetday witnessed thugs on motorcycles & 4 wheelers no helmets racing through heavy 301 traffic. Disregarding lights acting totally stupid with wheelies no luck.. they didn't get hit
ReplyDeleteTo paraphrase African-American economist Walter Williams, "we've subsidized bad behavior."
ReplyDelete