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How do you conclude that crime is at a “historic low” from that? Comparing cases from police data is only half of the story, as a ton of crime isn’t reported in
by happyopossum 4y ago
How do you conclude that crime is at a “historic low” from that? Comparing cases from police data is only half of the story, as a ton of crime isn’t reported in San Francisco, as any theft less than $1k isn’t prosecutable.
The survey of retailers is much more reliable a data point, and it says the exact opposite of what you claim.
- khuey 4y ago> any theft less than $1k isn’t prosecutable. It absolutely is, the cops and the DA just choose not to give a shit.
- inferiorhuman 4y agoThe felony threshold in California is $950. In Texas it's like $2,500. Below that theft is a misdemeanor which typically means they're eligible for incarceration of up to one year. It's pretty difficult to prosecute people that the cops don't arrest.
- jakelazaroff 4y agoDo you think the companies that insure these stores will just trust that something has been stolen if the store didn’t report it to the police?
- pseudo0 4y agoThere is no point in insuring against a predictable cost of doing business. An insurer would simply charge a premium equal to the expected amount of theft, plus a margin for their profit and the (small) risk they are taking. For the many retail stores where insurance doesn't make sense, filing a police report is just extra wasted time and effort if it won't result in any tangible results.
- refurb 4y agoYou think stores buy insurance against shoplifting? You think insurers offer it? How much do you think it would cost?