Inflation will not be going away anytime soon and a “mild to medium” recession could be on the horizon for the United States’ economy, according to former Congressman and current dean of the School of Business at Liberty University in Virginia, David Brat.
Speaking to NTD’s “Capitol Report,“ Brat, who previously served in Congress for Virginia’s 7th District, said he believes that the U.S. economy is ”basically just a carcass laying there” and that an upcoming recession is inevitable after the Federal Reserve raises interest rates.
