Will the Next President Face a Recession?

[DaveInPgh]

http://www.msn.com/en-us/money/markets/will-the-next-president-face-a-recession-dont-assume-so/ar-AAjthi4

Thoughts?

[bennkar]

I didn't read the article, but I feel that it is likely. Especially if Trump becomes elected. He is more likely to force us to take our medicine, whereas Clinton will try to keep kicking the can down the road.

[rennigade]

This thread will be headed south in 3....2.....1....

[clatoden99]

When a recession hits especially one caused by poor decision making in the mortgage industry (if you call it that), it meant the circulation of money slowed with people around the world holding cash. If there is not enough cash moving, it can increase financial difficulties.

The US economy is showing signs of recovery. Even at the time of the "crash" the underlying businesses were mostly in good financial shape even if business was down. Many of the financial problems caused by the mortgage collapse have been financially accounted for or in abatement.

[disneysteve]

I think the next president, especially if they serve 8 years, will face a recession. As the article notes, the longest expansion on record was 10 years and we're 7 years into this one. So it stands to reason that there will probably be one in the next 8 years. It wont be the president's fault, obviously, and there won't be much of anything the president can do about it, but yes, I think the next president will probably be in office the next time the economy heads south.