Minneapolis riots site unlikely to see economic growth for decades

[SugarDaddy1]

In the aftermath of the Minneapolis riots, the region now risks falling into a perpetual cycle of economic blight similar to comparable urban areas previously scarred by urban mayhem.

The economic story to follow the riots in Minneapolis, prompted by the death of George Floyd at the hands of police, has yet to be written. But according to the Star Tribune, dozens of major chain retailers. as well as small mom-and-pop stores, were either destroyed or looted.

More recently, the city of Ferguson, Missouri, which experienced violent riots in 2014 following the fatal police shooting of a black man, Michael Brown. Although $65 million was invested in the city whose stores were torched by rioters along West Florissant Avenue, the murder rate and black poverty rate have increased, while small business revenues continue to decline five years after the riots erupted.

The 2015 Baltimore riots, triggered by the death of Freddie Grey when he was in police custody and locked up in a law enforcement vehicle, caused the West Baltimore site of the riots to remain an economic blight on the city five years later.

Source

 

[SpeareChucker]

Uhhhhh...



Just stating the obvious here,


but what was the potential for economic growth before the riots?

 

[SpeareChucker]

... and you cannot play your Trump card.

 

[bellisarius]

No Amazon Fulfillment Center in the cards huh? Pity.

 

[SpeareChucker]

No Amazon Fulfillment Center in the cards huh? Pity.

They need to import more Somalians...

 

[HisArpy]

Uhhhhh...



Just stating the obvious here,


but what was the potential for economic growth before the riots?

Actually, the historic low unemployment rates we were seeing would have brought prosperity. With prosperity would come renewed interest from business in those neighborhoods.

 

[SpeareChucker]

Actually, the historic low unemployment rates we were seeing would have brought prosperity. With prosperity would come renewed interest from business in those neighborhoods.

You missed my followup post.
You just invite the crazies' hate by trying to intimate
that the orange man could possibly do something positive, for anybody...

 

[HisArpy]

You missed my followup post.
You just invite the crazies' hate by trying to intimate
that the orange man could possibly do something positive, for anybody...

I didn't play any Trump card. Our economic prosperity was from business, not the White House. Government cannot create jobs.

 

[Em_1]

 

[SpeareChucker]

It controls the regulatory and tax policy that
either encourages or discourages investment.

 

[wabbitfoot]

Source

then they will complain no one wants to invest there cause they are racist

 

[Rightguide]

I didn't play any Trump card. Our economic prosperity was from business, not the White House. Government cannot create jobs.

It can facilitate it though.

 

[HisArpy]

It controls the regulatory and tax policy that
either encourages or discourages investment.

Truth.

But under that metric, there is no such thing as economic prosperity because everything is reduced to a government handout.

 

[Ziggins]

Any large city. Without large quantities of food delivered by fossil fuel burners, they are limited by local food production. Tremendous quantities of farmland have been lost to suburban sprawl.

 

[SpeareChucker]

That metric would be a strong central government
and I am opposed to central control because
then you see the two sides forever wresting
control of the economy from each other...

 

[SpeareChucker]

Any large city. Without large quantities of food delivered by fossil fuel burners, they are limited by local food production. Tremendous quantities of farmland have been lost to suburban sprawl.

It might look like it since most people live within roughly
five miles distance from the interstate and judge
the world by what they see.

 

[FlowersForFun]

LOL good....hopefully those fucking retards down there Detroit that bitch and run every decent business, functional family and productive tax payer right the fuck out of town.

They deserve nothing less.