Rate of Shoplifting Spikes Across U.S.

Shop Lifting

The rate of shoplifting saw a noticeable increase in the first half of 2024, even as the rates of other crimes fell to levels not seen since before the Chinese Coronavirus pandemic.

According to the Daily Caller, a study by the Council of Criminal Justice (CCJ) determined that shoplifting rose by 24% in 23 different cities across the country, compared to the first half of 2023. That rate is also about 10% higher than the first half of 2019. Meanwhile, the rates of homicide and robbery fell to lower than the levels seen in 2019.

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Commentary: High Gold Price Points to Sustained Inflation

Gold Bars in vault

The economy looms large in the minds of most people and not simply because it is an election year. It affects us directly. We spend a lot of our waking hours at work, and our jobs are often connected to the welfare of families and children. With everything being more expensive, getting a toe hold on mere middle-class status is harder now than it was for older generations. Many people are slipping down a rung or three.

In addition to long-term trends like the decline of manufacturing and the cut-throat financialization of corporate America, unique recent events loom large. COVID lockdowns, soon followed by the government money giveaway—PPP loans, augmented unemployment benefits, rent relief, and other stimulus plans—disrupted our routines and affected the entire economy. While these measures likely prevented a deep recession, the shutdowns ruined a lot of businesses, and the various stimulus funds ended up unleashing inflation.

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