In the following video, famed economist, Milton Friedman discusses America’s path towards socialism and the possible dangers that it poses. Do you agree or disagree and why?

In a day and age where politics and economics are at the forefront in most business owners’ minds, Thomas Sowell sits down to discuss Obama’s vision for America as well as other political misnomers. How much of what Sowell said back in 2008 was or wasn’t telling of what is going on economically today? Should American business owners and/or households be worried about the direction that the United States is heading?