They live in perhaps one of the only places where they can destroy stores, burn down neighborhoods and get out of jail free when Left-Wing-Nut Hollywood types pay for their bail… So the riots are representative of one of the worst features of freedom, the protection of daft idiots. Riots cannot hurt blacks.. If they could there wouldn’t be riots. What then causes Riots? Success of others. Just because they can do thigs to themselves that can hurt themselves doesn’t mean they should… But they do… And they end up being hurt so they stop until next time because it’s in the nature of certain individuals to act this way.

From 60 years ago we find:

How the 1960s’ Riots Hurt African-Americans

“The riots had economically significant negative effects on blacks’ income and employment. Further, those effects may have been larger in the long run – from 1960 to 1980 – than in the short run – from 1960 to 1970.”

“The riots significantly depressed the median value of black-owned property between 1960 and 1970, with little or no rebound in the 1970s.”

“Although they characterize their baseline estimates as “tentative,” Collins and Margo find a relative decline in median black family income of approximately 9 percent in cities that experienced severe riots relative to those that did not, controlling for several other relevant city characteristics. There is also some evidence of an adverse effect on adult male employment rates, particularly in the 1970s. Between 1960 and 1980, severe riot cities had relative declines in male employment rates of 4 to 7 percentage points. Individual-level data for the 1970s suggests that this decline was especially large for men under the age of 30.

“In the second paper, The Economic Aftermath of the 1960s Riots: Evidence from Property Values (NBER Working Paper No. 10493), Margo and Collins investigate the influence of riots on central city residential property values, especially black-owned properties. They find that the riots significantly depressed the median value of black-owned property between 1960 and 1970, with little or no rebound in the 1970s. The baseline estimates for severe-riot cities relative to small-or-no-riot cities range from approximately 14 to 20 percent for black-owned properties, and from 6 to 10 percent for all central-city residential properties. Household-level data for the 1970s indicate that the racial gap in property values widened substantially in riot-afflicted cities relative to others.

“The exact mechanisms through which the riots affected economic activity over a long period of time are difficult to identify, but a large number of potentially reinforcing channels exist. Property risk might seem higher in central city neighborhoods than before the riots, causing insurance premiums to rise; taxes for income redistribution or more police and fire protection might increase, and municipal bonds may be more difficult to place; retail outlets might close; businesses and employment opportunities might relocate; middle and higher income households might move away; burned out buildings might be an eyesore; and so on. These damaging aspects of riots, the authors find, apparently outweighed outside assistance directed toward the riot areas in the wake of the disturbances.

So the rioters blame their riots on bad economic conditions that are beyond their control but they control and cause the economic downturn because they are the trigger for it with their riots.

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