Jerry Bowyer: High Stakes in the 2020 Election

The stakes in the 2020 election may be higher than many Americans recognize:

A detailed look by Townhall Finance into the causes of national financial collapse—measuring hundreds of factors against scores of nations—reveals that the most reliable path to a financial collapse occurs when a nation’s leadership class turns sharply against wealth creation.

When there’s an erosion of business freedom and property rights and when government corruption, taxes and debt increase, the probability of a financial collapse goes up 3 to 5-fold.

Why should we care about how other nations have collapsed? Because large sections of today’s Democratic party are openly embracing exactly those kinds of policies.

The 2020 election is not just about the difference between a 2 percent growth rate and 4 percent growth rate.

It might be about continued growth vs. something which would make the great recession pale in comparison.