"Focus on ensuring respect for private property rights, an effective police force, prosecutors willing to enforce the rule of law, and fair courts."
By Steve Moore
WASHINGTON, D.C. (Texas Insider Report) — Trump is threatening to send National Guard troops into high-crime cities like Chicago. The policy has been highly controversial. Chicago Mayor Brandon Johnson and Illinois Governor JB Pritzker insist they don't want the troops walking the streets and arresting criminals.
If the Mayor and Governor want to make Chicago great again, they might want to embrace the tough-on-crime strategy.A study by Sanjai Bhagat, a professor of finance at the University of Colorado, finds that cities with high crime rates have subsequent higher rates of poverty and lower rates of employment. The relationships are statistically significant.
Professor Bhagat's recommendations to mayors and city councils make a lot of sense to us:
"Focus on ensuring respect for private property rights, an effective police force, prosecutors willing to enforce the rule of law, and fair courts.
"This will enhance economic prosperity of your citizens and diminish poverty in your cities and state."
These findings really aren't surprising – unless you're a progressive mayor of a big city, like Johnson.
Crime repels employers and higher-income families.
Steve Moore – a former Wall Street Journal Editorial Page writer, Chief Economist for The Texas Insider, and a former Senior Economic Adviser to Donald Trump – is a Senior Fellow at both FreedomWorks and the Heritage Foundation. Along with Steve Forbes & Art Laffer, he is Co-Founder of the Committee to Unleash Prosperity. Using compelling charts, videos, and maybe even a little humor, Moore and the Committee's free Daily Newsletter provides information not readily available anywhere else – short and timely inside updates on the economy, the D.C. political landscape, and numerous other issues that help you stay informed and allow you to be the smartest person in the room.
