Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

The big chains won't run risky or unprofitable stores. It's the communities that will be hurt by this. Despite interest-free loans and over $100 million in federal funding, Baltimore still hasn't recovered from the 2015 Freddie Gray riots.[1] Moreover: government funding is a rather blunt tool, and directing it at a city tends to cause most of the money to flow to the nicer parts of town. That's what happened in Ferguson.[2]

Riots tend to widen the disparities, not reduce them.

1. https://www.baltimoresun.com/maryland/baltimore-city/bs-md-c...

2. https://www.washingtonpost.com/graphics/2018/business/is-rac...



Consider applying for YC's Fall 2026 batch! Applications are open till July 27.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: