If the United States goes into a recession what will happen?

Question

If the United States goes into a recession what will happen?

Answer 1

Slower economic activity---less demand for goods---more unemployment--less inflation---decline of he stock market.

Answer 2

Inflation will be in check.

Answer 3

bad for the economy and it's people

Answer 4

"a significant decline in economic activity spread across the economy, lasting more than a few months." A recession may involve simultaneous declines in coincident measures of overall economic activity such as employment, investment, and corporate profits. Recessions may be associated with falling prices (deflation), or, alternatively, sharply rising prices (inflation) in a process known as stagflation. A severe or long recession is referred to as an economic depression. A devastating breakdown of an economy (essentially, a severe depression, or a hyperinflation, depending on the circumstances) is called economic collapse. Newspaper columnist Sidney J. Harris distinguished terms this way: "a recession is when your neighbor loses his job; a depression is when you lose your job."

Answer 5

We've been in a recession for at least a year if not two. Service jobs are a big indication as well as housing. Those two started to go down at least two years ago.

Answer 6

Probaly call another war!