Is U.S. heading for another recession?

  1. andur92 profile image60
    andur92posted 6 years ago

    Is U.S. heading for another recession?

  2. barryrutherford profile image77
    barryrutherfordposted 6 years ago

    Economists are likely to say yes.  If the unemployment rate does not improve then demand for goods services and improvement in infrascture will remain low.  The Govt is hamstrung because its running out of tools to do anything about the problem.  The Senate seems to be only thinking about reducung the deficit at the very time when stimulation of the economy is required.  The Private sector is unwilling to take risks in this environment as such, a further recession is likely unless risks are taken. Doing nothing will continue to prolong the pain that 10%+  of the population are enduring...

  3. Jonesy0311 profile image60
    Jonesy0311posted 6 years ago

    As far as i can tell we never got out of the first one. Unemployment is basically stagnant, layoffs continue, and more Americans are on fodd stamps than ever before. So much for the 40+ year war on poverty.