The View From 1776

The Next Great Depression

      http://www.thomasbrewton.com/index.php/weblog/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.