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How to get ready for the economic recession coming in 2017





By Jay L. Zagorsky, The Ohio State University

My outlook for 2017 and beyond is that the U.S. economy will likely see another recession.

Yes, the economic picture currently looks wonderful. The Dow and S&P 500 are at record levels. Unemployment is well below 5 percent of the labor force. Inflation is still tame. The U.S. dollar is strong.

The U.S. economy has grown dramatically over the long run. GDP has increased by one-third since the beginning of the 21st century, even after adjusting for inflation.

However, capitalist economies do not simply grow steadily read more >>>

Source:: HuffingtonPost.Com

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