Near a recession with interest rates near zero and Hillary promising tax increases

economic trendThe economic growth rate seems to have slowed enough to suggest we are near a recession. Usually the Federal Reserve would lower interest rates to resist the slowing rate of growth. However, the Fed Funds Rate has been near zero since January 2009 so that traditional tool has already been used … for over seven years already. To aggravate things the Democratic Party’s candidate for president is promising to raise taxes, a policy that is the exact opposite of what is usually done to increase growth. How many of you feel that at some point in the last eight years emerged from the last recession? Anybody?