Senator Rand Paul Says We Could Face Another Great Depression — Do You Believe Him?

In this Liberty Roundtable short, Sam Bushman reacts to Senator Rand Paul's warning that the United States could be on the brink of another Great Depression. With historical context dating back to the Smoot-Hawley Tariff Act and the economic consequences of past protectionist policies, Sam explores the potential dangers of broad, unpredictable tariffs and the moral hazard they pose to the economy.

While acknowledging the value of tariffs when properly legislated and limited, he emphasizes that stability, constitutional checks and balances, and sound economic principles must guide trade policy—not executive overreach or short-term political gain. Sam advocates for reducing domestic taxes, shutting down the IRS, and returning to the founding principles of limited government and free markets.

This video is presented in part by FreedomRisingSun.com, home of the Preserve the Nation educational series on constitutional government, the founding fathers, and the principles that built America.