Tough times are ahead in Biden’s economy. Here’s your recession checklist

July 11, Michael L. Davis, economics professor at the Cox School of Business at SMU Dallas, for an op-ed recommending a checklist of strategies to navigate a recession predicted later this year. Published in Fox News Business under the heading Tough times are ahead in Biden’s economy. Here’s your recession checklist: https://fxn.ws/3o7N9NT

​If you haven’t been paying much attention to the small army of economists droning on about the threat of a recession, that’s OK. It’s summer. It’s hot. Nobody, not even me, one of those economists, wants to dig through the mountain of boring economic data detailing things like consumer confidence and retail inventories. But the warning signs are there. Nobody can know for sure but it seems very likely that sometime before the end of the year the economy is going to get worse. Maybe much worse.

And of course, there’s nothing you can do to prevent a recession. Why worry about things you can’t change?

Continue reading “Tough times are ahead in Biden’s economy. Here’s your recession checklist”