The View From 1776

§ American Traditions

§ People and Ideas

§ Decline of Western Civilization: a Snapshot

§ Books to Read


Liberal_Jihad_Cover.jpg Forward USA

Sunday, September 21, 2008

The Next Great Depression

If Senator Obama is elected and if he follows his announced liberal-progressive-socialist policies of high taxes, massive increases in regulation, vilification of business, and large new welfare program spending, the United States will enter a period of stagflation or a prolonged, FDR-style Depression.

Read Amity Shlaes’s assessment.

Posted by Thomas E. Brewton on 09/21 at 12:39 AM
Economics • (4) Comments
Print this ArticleEmail A FriendPermalink