United States | Automatic for the people

How should America fight the next downturn?

The recovery is ten years old. It is time to think about what happens next

|WASHINGTON, DC

ON JUNE 1ST the expansion will pass its ten-year anniversary to match the longest on record. America’s unemployment rate is just 3.6%. But as the Republican Party basks in its good fortune in occupying the White House at such a time, economists—a doomy bunch—are suffering a sense of dread. They fear that policymakers are missing a wonderful opportunity to prepare the country for the next recession.

This article appeared in the United States section of the print edition under the headline “Automatic for the people”

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