Walgreens is abandoning San Francisco because leftist policies created a shoplifting crisis
Economics students learn in their 101 classes that basic markets can’t function without a few prerequisites — namely, the protection of private property rights. It’s an introductory concept because it’s almost self-evident: How can people do business if they’re not secure in their property and profits? Yet the furthest-left faction of today’s Democratic Party, which governs in the most liberal bastions such as San Francisco, has abandoned even this most basic lesson. And, just as econ 101 predicted, stores are abandoning the California city in droves.
No wonder anything the toxic left do leads to destruction.
It’s not just a megacorporation that’s getting hurt here. It’s these stores’ employees, customers, local economies, and even local governments that will lose tax revenue.
Why worry, when you have big brother (state and feds) to bail you out for your failed policies.
Yet none of this is a coincidence. The city isn’t just experiencing a run of bad luck — its rampant shoplifting problem is directly rooted in its terrible policy choices.
Exactly!
The local government’s lax approach to enforcing property rights and the rule of law has directly fueled this shoplifting crisis, and we have more than anecdotes to prove it.
Such as…
Simply put, the city government sent the message that shoplifting wouldn’t be as harshly punished and — shocker! — criminals listened.
So by making it easier to shoplift, and having lighter sentences and not prosecuting ALOT of the crimes, that tells the criminals it is a free-for-all.
Oh, but insurance will cover it, right? Only to a point. Insurance rates will go up to cover all the claims, and that will increase the prices.
So in the end, it is the paying customers who have to pay more because shoplifting is legalized by toxic alt-left policies.
But as Walgreens have made it clear, there comes a time with the cost of doing business (be it in a certain city or county or state), it is not worth it.
San Fran, you have proven it is NOT worth doing business in San Fran.
Gary (Nerdrotic) can attest to that directly.
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