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What Happens When The Last Business In Portland Leaves The City?

Speaking of the demise of blue states and cities, this headline on the impact of the crime spree in big cities speaks for itself:

The closures come only three months after Walmart CEO Doug McMillon warned that retail shoplifting is surging. He predicted “prices will be higher and/or stores will close” if local prosecutors don’t change their priorities.

Nor is it just Walmart. Rains PDX, a clothing store in Portland, shut down last November after a string of break-ins made it impossible to stay open.

A printed note from the owner posted on the window of the shuttered store read: “Small businesses (and large) cannot sustain doing business, in our city’s current state. We have no protection, or recourse, against criminal behavior that goes unpunished. Do not be fooled into thinking that insurance companies cover losses. We have sustained 15 break-ins … we have not received any financial reimbursement since the 3rd.”

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