Who knows what we will try to do, but again that would be basically impossible of a policy to implement b/c you don't exactly know you are in a recession until a few quarters later.

Then make it retroactive? Like back pay?

Curry has a good idea, but it might be a little too out of the box for dyed in the wool economists.

Trump might go for that, actually.

I like the theory, but that would be very hard to implement and we usually don't know we are in a recession until 2-4 quarters after the fact.

Here's what we need to do. Get definitive numbers in place to where, when the economy is in a "recession" due to those numbers, businesses get a tax break when they put a certain amount of capital in their business for the sake of growth.

That break will be a financial incentive, a certainty, when the rest of the economy is Uncertain. This will help spur growth.

Then their are small/ Large Business who are scared to expand because of the "unknown" of the future. They have capital to do it but would rather see if the economy will weather the storm before expansion begins. This leaves the unemployment numbers stagnant.

Then again, the country weathered the Depression and the recession after WW II.............. and we will weather this too !

Wonderful summary Mary. I think when you said "According to a separate Census Bureau report, it seems like many Americans have braced themsleves for a slow turnaround in the economic situation" - this could either be the cause and effect of a forced savings scenario, where consumers simply cannot afford the things they used to - and/or the reason we're still in this slump. It's hard to see a recovery, even if it's strong when the recovery hasn't gotten around to you. On top of that, the media never seems to help. It's been a long time since I've felt more confident about our world after watching CNN or Fox. :

RE:
https://www.financeglobe.com/Finance/Articles/articles/438/0/The-Recession-Ended-Last-Year/Page0.html