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Bank robber: The economy made me do it

Posted Jul 14 2009, 12:46 PM by Catherine Holahan
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Crime © moodboard/SuperStockThe economy made him do it.

That's the excuse an armed robber reportedly gave tellers at a Houston bank as he demanded they empty their cash drawers. According to an article in today's Houston Chronicle, the thief lamented that he couldn't find a job and needed to steal to put food on the table.

"I'm only doing this to eat," the robber said as he brandished a pistol, according to FBI statements cited by the Chronicle. "They're not letting me work."

Crime typically rises during times of economic stress and high unemployment. As people can't find work and unemployment benefits run out, some folks resort to drastic, harmful measures.

Police say they have already seen a sharp rise in crime. In February, the Police Executive Research Forum, a nationwide association of police chiefs, said crimes associated with recessions have risen 44% across the country. Of the 233 major police departments surveyed by the group, about 39% saw an increase in robberies, 32% saw a rise in burglaries and another 40% saw a jump in vehicle thefts.  

The survey was taken in January. By now, things have likely grown worse.

In anticipation of higher crime, municipalities typically increase the police presence in their communities. But not this time. Cities are cutting their law enforcement forces in order to manage sharp declines in tax receipts. On average, about 63% of agencies cut about 6% of their budget, according to PERF. Many of these cuts took effect July 1 because most major police departments operate on a fiscal year that begins this month.

"The fact that most police departments currently are being asked to make cuts is an indication of how badly this recession is affecting local tax bases," said Miami Police Chief John Timoney in a Feb 2 statement accompanying the survey's release.

Cuts were deepest among large cities facing the greatest budget shortfalls. Unfortunately, it is those same cities that typically have larger crime problems.

California's city of Oakland, for example, is eliminating about 140 officers from its 800-man police force.  The cuts will take effect in September, according to the Wall Street Journal. Chicago's police department has more than 400 unfilled vacancies.

Theft isn't the only kind of crime that rises during a recession. Police typically see an increase in identity theft, particularly credit card theft, and other types of fraud.

Related Reading:

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Businesses see rise in employee theft

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Financial pain hitting home

Comments

 

Rapist: The Loniness Made Me Do It.

There's always an excuse for everything. Welcome To The Real World.

Get a job at McDonalds or Burger king they are always hiring--No excuse for this.

"The economy made me do it" sounds like the explanation we're getting from Washington for the gigantic robbery of the taxpayer going on.

There are no jobs at Burger King or McDonalds.

I'd rather give my money to theif who tells me," I'm here to steal from you" than to a government or financier who hides their ultimate purpose.

ATLEAST THE THEIF IS HONEST!

What made him think there was any money in the bank

Why don't they list the names and addresses of those CEO, CFO, and executives in wall street investment firms and banks who have robbed the wealth of our nation. Then, we all go and rob them.

There are jobs, however, the days of just walking into a place and getting it are over. You are in a market where everyone is competing for a job.. I have personally sent out over 300 applications in the last month and have gotten one response. I have 10 years experience in my field, two Bachelor degrees, one Master's and a handful of professional certifications. Side note, five years ago I was turned down from a job at a QuikTrip because I was "over qualified". Go figure. In the end you will either have people stealing to feed their families and themselves or well... farming is no longer an option for most people.. something will break.

Funny how the economy sucks, yet gas prices remain high, tuition continues to rise, and housing cost and rent remain high. One would think that a bad economy would force the cost of those essentials to fall as well.

I can emphathy with the robber. I was told my unemployment is too much to get food stamps assistance. I really do understand why people are robbing banks and stores if they have a family to feed.I have worked for years and never had to ask for assistance.

If I break my lease I have reletting fees and have to give back the concession (discounts) I have received so far. My rent takes more than 70% of my unemployment benefits. My unemployment is less than half I made when I worked. So I understand the feeling being at your wit end.

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