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If sustained, that would be enough to bring on a recession.
To adhere scrupulously to it would require them to impose austere budgets that could bring on a recession.
"Put it all together and there is a potential $300 billion shock to the economy," he said, and that could bring on a recession.
While not enough to bring on a recession, the slower sales could dent the largest and most vulnerable part of the economy -- consumer spending.
Democrats hope that a depressed economy will spur voters to reject the party in power and blame the Bush tax cut for bringing on a recession.
And now some analysts are more worried that the slowdown will turn into a hard landing for the economy that might even bring on a recession.
Similar(23)
"Europe is not on the brink of a recession".
"Everyone says we're on the brink of a recession.
Failure to act swiftly would put the onus of a recession on an uncomprehending, phlegmatic Congress.
SAP is based in Europe, which is supposed to be on the verge of a recession.
That would be enough to bring on a serious recession.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com