Rand Paul Issues Staggering Forecast

Republican Senator Rand Paul, who has long served as a voice of reason, has recently issued a staggering forecast regarding the nation’s economy, based upon all the prevailing trends domestically and internationally.

Specifically, Paul believes that inflation is nowhere near cooling down; on the contrary, the Kentucky Senator finds double-digit inflation, coupled with even higher interest rates, to be the likely outcome in the near future.

During a Facebook Q&A discussion with his constituents, Paul warned about the very real possibility of an imminent recession, coupled with high unemployment.


Most Popular

“I wish I had better news,” Paul continued, “but we will get through this as a country.”

As of April, the consumer price index (CPI) is 8.3 percent, surpassing the Dow’s already-negative forecast of 8.1 percent. Not since 1983 have CPI levels this high been recorded.

The CPI for May is set to be released on Friday, which may have a pronounced effect on the markets, as well as additional economic expectations for the future.

Despite the dire economic future in the near-term, Paul expresses optimism in the long-term, citing the nation’s inherent strength and resiliency to support his claims.

“We are a strong, resilient country, strong, resilient people,” Paul declared, “we just have to get people in charge of our government who understand that we have to live within our means.”


Most Popular

Most Popular