Posted on 05/07/2015 6:36:16 AM PDT by Academiadotorg
Before professors everywhere seize upon the Baltimore riots as a teachable moment, wed like to offer a few simple pieces of recent history to cogitate over.
Expect your local professor to echo the presidents claim that Baltimoreans, and some out-of-towners rioted because the federal government has not dumped enough money into the Charm City. As it happens, on May 4, 2015, Elizabeth Harrigan reported in the Washington Free Beacon, The city of Baltimore received over $1.8 billion from President Barack Obamas stimulus law, including $467.1 million to invest in education and $26.5 million for crime prevention. Harrigan and her peers at the WFB crunched the Obama Administrations own numbers as they appeared on Recovery.gov.
On May 5, 2015, Heritage Foundation economist Stephen Moore pointed out, Last weeks pitiful 0.2 percent economic growth for the first quarter of this year means the Obama slow-growth machine trudges onward. Its the slowest recovery in half a century. The Summer of Recovery that Joe Biden promised in 2009 still hasnt arrived, six years later.
This is a national crisis, not any less significant than the burning of Baltimore last week. Actually, the two may be tied together. Economist Arthur Laffer shows that racial rioting in big cities is negatively associated with the economic growth rate. In the late 1960s and 1970s, cities became war zones, but the rioting almost entirely disappeared in the high-flying 1980s and 1990s, when incomes were rising, and job growth surged.
Under Obamas slow-growth economy, urban unrest is bubbling over.
Finally, although Baltimore has spent the third-highest amount per student in education at an average of $15,287, only 16% of the citys eighth graders score at or above reading level and 13% at or above grade level in math.
Keep your powder dry?
In a short time there will be another Freddie Gray-Michael Brown-Trayvon Martin type incident in another city. The usual suspects will riot. And as usual Obama will condone their criminality. It will be a long, hot summer.
by the way, I need to correct the byline. Spencer Irvine wrote this.
But, but AARP says Baltimore is one of the best places for a retiree to live in the USA!
they do?
War against Crime is over , War on Police has started, means arm yourself
Sure do. I got my AARP tabloid and Baltimore is listed in there several times in the top TEN!
I’ll stay out in the sticks.
Yep, problem is we're not 'investing' enough in the lowlife community...
Maybe the AARP is backing wealth redistribution - it’s easier for thugs to rob old white people than young black people...
AND old white people have more money.
Oh well...that explains all the adult illiteracy there.....from Cong Cummings, the Prosecutor, her councilman hubby, the Mayor, the Chief of Police...... who all blamed the cops for the looting and burning.....
You racists should try to understand poverty.....and unless Baltimore minorities are given brand new Cadillacs, govt credit cards, free liquor and meals at top restaurants......nothing will change.
Maybe Obama wants us to double our ‘investment’... you know - throw good money after bad...
Thanks GOPJ.
Forget “investment.”
Obama is planning on “reparations-—that should cost taxpayers several trillion $$$.
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