Regardless of who wins the election, the next president likely will have to deal with an economic slowdown next year, several experts told The Epoch Times. The government may try to intervene, but there’s a risk any remedies will cause harm, they said.
On paper, the U.S. economy is chugging along nicely. Unemployment is low, the markets are up, and the gross domestic product (GDP) came in 3 percent above inflation in the second quarter. Third-quarter GDP is expected to climb 2.6 percent above inflation, and median wages increased by nearly 2.5 percent (adjusted for inflation) over the past two years.
Yet, a large proportion of Americans don’t feel like the economy is working well for them….