Dr. Richard Rahn, a senior economist at the Cato Institute, gives us a rather chilling forecast of what is to come in a recent article in the Washington Times. Dr. Rahn predicts that unemployment and inflation will increase rapidly, and the Obama administration will seize control of many private businesses. When the economy continues to decline, Obama and the Democrats will likely take measures to take control of the media and prevent anyone of publicly speaking ill of them. Obama has the power to turn the entire crisis around, but shows no intention of doing so any time soon.
Read the full article here.Published in