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How Many Billions of Dollars Are Chicago's Shootings Costing the City?
Posted on 12/27/16 at 10:58 pm
Posted on 12/27/16 at 10:58 pm
4300 shootings this year.
770 homicides.
Imagine all the resources wasted. It's unconscionable.
Paramedics, ambulance drivers, firemen. Doctors of all kinds. Nurses. Hospital beds, operating rooms, ICU beds, hospital resources, medications. Pharmacists. Physical therapists. Social workers. Hospital administrative workers. Crime scene units. Police and all their resources. Detectives. Prosecutors, defenders, clerks, judges. Prison guards, prison resources. Parole officers. Child care and government workers for orphans, city/state resources to raise parentless children. The list is endless.
I bet, all told, that a single shooting ends up costing more than $1 million. 4300 in one year? That's over $4 billion. What could the city of Chicago buy or build for $4 billion?
I don't have any answers. Just marveling at the absurdity of it all.
770 homicides.
Imagine all the resources wasted. It's unconscionable.
Paramedics, ambulance drivers, firemen. Doctors of all kinds. Nurses. Hospital beds, operating rooms, ICU beds, hospital resources, medications. Pharmacists. Physical therapists. Social workers. Hospital administrative workers. Crime scene units. Police and all their resources. Detectives. Prosecutors, defenders, clerks, judges. Prison guards, prison resources. Parole officers. Child care and government workers for orphans, city/state resources to raise parentless children. The list is endless.
I bet, all told, that a single shooting ends up costing more than $1 million. 4300 in one year? That's over $4 billion. What could the city of Chicago buy or build for $4 billion?
I don't have any answers. Just marveling at the absurdity of it all.
11
Posted on 12/27/16 at 11:04 pm to Patrick_Bateman
There's a reason why democrats have no problem with burning and wasting money.
It's just a piece of paper to them.
It's just a piece of paper to them.
Posted on 12/27/16 at 11:05 pm to Patrick_Bateman
Why do you care so much about Chicago?
Posted on 12/27/16 at 11:13 pm to Patrick_Bateman
Our city budget is only around 9 billion, so I imagine many of those costs are externalized. Teacher pensions are the real drag around the municipal budget.
Still, the biggest economic cost to the crime is and has always been the opportunity cost. The potential tax revenue gained from having roughly 20% of our population (what I think is the rough number of our population in these bad hoods) being economically productive members of society is many times more than anything we lose on spending on the healthcare, crime, prosecution, etc. That's the real dagger.
Still, the biggest economic cost to the crime is and has always been the opportunity cost. The potential tax revenue gained from having roughly 20% of our population (what I think is the rough number of our population in these bad hoods) being economically productive members of society is many times more than anything we lose on spending on the healthcare, crime, prosecution, etc. That's the real dagger.
Posted on 12/27/16 at 11:13 pm to crewdepoo
He cares about tax dollars. We all should.
Posted on 12/27/16 at 11:16 pm to crewdepoo
We've had 70 murders in Jackson so far this year. Population of 170,000
Chicago with 770 murders and population of 2.7 million
We are close runner-up on percentages.
Chicago with 770 murders and population of 2.7 million
We are close runner-up on percentages.
This post was edited on 12/27/16 at 11:21 pm
Posted on 12/27/16 at 11:21 pm to AbuTheMonkey
True. But, for the most part, Chicago's murderers and victims of murder were never going to be productive members of society in the first place. I wouldn't consider the economic cost of their absence from the workforce much of a loss at all.
Posted on 12/27/16 at 11:22 pm to Patrick_Bateman
Let rahm Emmanuel pay for it. Despicable bastard.
Posted on 12/27/16 at 11:33 pm to Patrick_Bateman
Not in the immediate sense, no, but when looking at the comprehensive economics, that's always the biggest hurdle, and it wasn't even always that way in the African-America community here or elsewhere. The lost tax revenue is just fracking crippling.
I've lived in another very liberal city (Seattle) that did not have these problems whatsoever because they just flat did not have a large non-taxing citizenry.
In business and in economics, I'm a big believer in the idea that it's easier to earn a dollar than save a nickel. Chicago's problem is more that it lost its ability to earn dollars than it lost the ability to save a nickel (though it is no paragon there, either).
Seattle figured it out about thirty years ago. New York City figured it out in the 90's. LA figured it out. We can figure it out.
I've lived in another very liberal city (Seattle) that did not have these problems whatsoever because they just flat did not have a large non-taxing citizenry.
In business and in economics, I'm a big believer in the idea that it's easier to earn a dollar than save a nickel. Chicago's problem is more that it lost its ability to earn dollars than it lost the ability to save a nickel (though it is no paragon there, either).
Seattle figured it out about thirty years ago. New York City figured it out in the 90's. LA figured it out. We can figure it out.
Posted on 12/27/16 at 11:47 pm to Patrick_Bateman
Fun fact: Of the shootings in Chicago this year, only 5 of the shooters were white. 100 were black. 30 were hispanic. LINK
Posted on 12/27/16 at 11:49 pm to LSUTigersVCURams
That is fun.
Posted on 12/27/16 at 11:52 pm to Patrick_Bateman
I fully expect that sometime in the next 5 years there will be an American Greed show featuring the mayor of Chicago.
Posted on 12/27/16 at 11:54 pm to TimeOutdoors
I hope they kill more. Ill donate the bullets.
Posted on 12/28/16 at 12:00 am to Patrick_Bateman
I'm sure they all have Obamacare so that helps.
Posted on 12/28/16 at 3:02 am to BamaScoop
More like imagine all the jobs it's creating?
I mean think how many cops, doctors, and ambulance drivers would be put out of business if they actually fixed that shite?
What about the funeral homes? What about the team of coroners needed to keep up with demand? Coroners need jobs too.
I mean think how many cops, doctors, and ambulance drivers would be put out of business if they actually fixed that shite?
What about the funeral homes? What about the team of coroners needed to keep up with demand? Coroners need jobs too.
This post was edited on 12/28/16 at 3:03 am
Posted on 12/28/16 at 4:06 am to Patrick_Bateman
What about the value of deterrence?
Posted on 12/28/16 at 6:21 am to baybeefeetz
Sadly no immediate fix coming. Just like NOLA. Politicians have talked about fixing crime here for generations and it just keeps rolling along. The people in those communities are the only ones that can fix it and they don't seem that interested.
Posted on 12/28/16 at 6:22 am to Patrick_Bateman
How many of those killed were on some type(s) of public/gubment assistance?
Posted on 12/28/16 at 6:23 am to Patrick_Bateman
population control = money saved
Posted on 12/28/16 at 7:21 am to Patrick_Bateman
This has been evaluated relatively recently in New Orleans.
The link is to an abstract for a study performed by the LSU ortho team.
2007-2013 at university hospital
3617 patient encounters due to gunshot
$141 million billed
$70 million actual hospital cost
Only about $30 million collected
LINK
The link is to an abstract for a study performed by the LSU ortho team.
2007-2013 at university hospital
3617 patient encounters due to gunshot
$141 million billed
$70 million actual hospital cost
Only about $30 million collected
LINK
This post was edited on 12/28/16 at 7:31 am
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