“In its newly released April 2018 Fiscal Monitor, the International Monetary Fund projected that the United States is the only — yes, only — advanced economy in the world expected to have its debt burden get worse over the next five years.” – Washington Post
Tax cuts, and the possibility of more or extended tax cuts. Who’s going to pay the government’s demographically-driven growing bills?
What’s next, cut entitlements? That doesn’t sound recessionary to me (/s for sarcasm!).
By contrast, Canada is doing pretty well with its debt management. Ignore the noise, focus on the facts. Glad to be north of the border.