Matt Kibbe talks with Gene Epstein, director of the Soho Forum, about the economy, inflation, and whether or not the United States is set to experience a severe recession. Kibbe argues that between lockdowns, rampant spending, and an unwillingness of the Biden administration to take its foot off the gas, we could be in the midst of a perfect storm for economic downturn. Epstein, on the other hand, thinks that the economy is more resilient than that — based on the rapid recovery we saw after lockdowns were lifted. While we can certainly expect some degree of economic hardship in the near future, how severe it will be is still very much an open question.
Kibbe on Liberty