Quote from Ricter:
So please explain why violent, street level crime is typical of poor neighborhoods all over the planet.
Ricter, it's all relative. We are not talking about petty crime here. We are talking about gangs. There is a huge difference. When you go to Europe into the poor areas, which I have, they would always tell me to be careful. I would ask why? They would say be careful, there are pick pocketers everywhere. I kind of laugh at that now thinking that I should be scared of getting my wallet stolen. We don't have a problem with pick pocketers on the south side. We have a problem with gun fire. With violence. With rape. With murder. And a lot of it is black on black crime as mentioned above. We have more shootings there then NY, Miami, LA, DC, Philly. This is not about "poor neighborhoods". That is a liberal construct you have got to get out of your head. Because if it was, if you were right, and it was simply a matter of money. Then hells bells, we could just flood the south side with money. Just drop it from the sky. Bring in Helicopter Ben Bernanke. But see Ricter, we did that. We showered the area with money. Not just one day or one week or one year, but for over 4 decades. And the problem has gotten incrementally worse every single decade. Obviously, money is not the problem.
Now, to be fair, do I general believe that poverty gives rise to petty crime in most circumstances? Sure, I do. Do I believe that poor areas in general have higher crime rates? Yup. Do I believe in general that a healthy vibrant economy will offer moderate improvement to the situation? Absolutely.
But here's the thing Ricter. During the Reagan heyday of the 80's, during the dotcom bubble of the 90's, during the roaring real estate bubble of the 2000's when this country was flooded with prosperity and money and jobs, the south side was still poor. They were still killing each other. The streets were still run by gangs.
So maybe don't you think it's time we try a different solution. what is it they say about the definition of insanity?