Gun-Toting Kids As Young As 10 Car-Jack Over A Dozen Vehicles In Chicago

by Tyler Durden

Thu, 07/23/2020 - 09:05

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. 

Read more

Blogger's note:  subterrnews.blogspot.com does not send cookies, or collect any information on those using the blog.  However, the blogspot is on google, and google may collect information, and send cookies.  Many of the links that  we connect to do not send out cookies or collect information, but some do.  You are keying in to this blog, and you have agreed to this.

The views expressed in the articles do not necessarily represent the opinions of this blog.  They are the views, and opinions of the author(s) of the article.