White House chief economist Jared Bernstein warned Republicans against using the debt ceiling as a negotiating tool next year.
“Hasten slowly and ye shall arrive” said the ancient Tibetan poet, Milarepa. The Federal Reserve Board clearly does not share this philosophy.
May be tempting to accept an unsolicited offer to sell your business, especially if recession is looming, but there are very good reasons to hold off.
The effect a recession will have on Social Security depends on the time frame you're considering.