Economy

Recession Without Shock Absorbers

This assessment of the economic landscape is pretty accurate. Short form: there's nothing standing between us and another recession.

Everyone has played their hands in attempting to recover from the previous recession, while some of us (I'm looking at you, Congress) have deliberately handcuffed themselves for no reason other than political sabotage.

If there's going to be another recession, how will Congress and the White House pull us out? Without any power to pass another stimulus, the next recession could be very long and very painful.