Thomas Sowell: Riots In Ferguson Will ‘Adversely Affect Blacks Yet Unborn’ [VIDEO]

In a rare TV appearance Tuesday on “Hannity,” economist Thomas Sowell said the situation in Ferguson will “adversely affect blacks yet unborn,” and the same group will be “paying the price” for the aftermath of the shooting and ensuing riots 10-20 years down the road.

Responding to members of the Congressional Black Caucus invoking cries of “hands up, don’t shoot” and “no justice, no peace” on the House floor, Sowell remarked that the only reason these statements are being echoed is because of politics.

“Why are members of Congress repeating something that they know is not true?” asked host Sean Hannity.

“Oh, for political reasons. I thought of Joseph Goebbel’s doctrine: The people will believe any lie if it’s repeated often enough and loud enough,” said Sowell. “They’re repeating it often enough and loud enough, and it will pay off for them personally and politically.”

“I think what has happened in Ferguson, Missouri is going to adversely affect blacks yet unborn, who will still be paying the price for it 10, 20 years from now because they’re not going to have businesses there that you had before. I’ve seen this happen in other cities,” said Sowell, naming Detroit and Harlem as specific examples.

“A city doesn’t get over this kind of stuff in a few years,” he added.