It just might be time to start thinking about a recession.

Not a recession in the immediate future, of course. The latest jobs report was unexpectedly strong, and the economy is growing at a good clip.

But there’s reason to get nervous. A majority of economists surveyed by the Wall Street Journal predict a recession by the end of 2020, and a majority of Americans appear to have the same fear.

Then there’s the yield curve — a measure of how much of a return U.S. debt is paying out. That curve happens to be a good predictor of recessions, and it’s flashing, if not red, then yellow right now.

But even if a recession isn’t coming next month, it’s never too early to start thinking about how prepared the country is. And there’s a good case to be made that the levers that we usually pull to stop a recession either won’t work this time, or won’t work as well as they have in the past.

In Another Recession, It Could Be Tough For Washington To Boost The Economy

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