[mempko]

recessions and depressions usually happen after federal gov decides to reduce deficit spending. I'm curious if there is any indication of this happening. Possibly after elections...

EDIT: Judging from this site it seems they plan to reduce deficit spending to about 500bln a year. So yes, I expect a recession if that turns out true. http://www.usgovernmentspending.com/federal_deficit_chart.ht...

You can see here that every time there was a slowdown in deficit spending or a surplus there was a recession or depression. Notice that before the great depression, there was a long period of surplus and following surplus during Clinton years there was huge issues.

Let's hope Hillary does not repeat Bill's mistake.

http://www.usgovernmentdebt.us/spending_chart_1900_2021USp_1...