Now that we have been told by all the folks that know about these things that they have decided to have a recession, I suppose there is nothing left to do except pull back all my planned expenditures and get on with it. Mrs. Clinton and Mr. Obama agree on this point (that's scary.) And the Repub man agrees. And all the Wall Streeters agree. And the talking heads in the media agree.
So let's get on with the misery and wreck the economy. Might as well get on with it so they can then decide when that has gone on long enough so they can tell us the recovery has begun so we can go back out and spend money again.
We could just refuse to participate in their little recession. Buy things folks. Don't overspend. Don't put things on credit. But buy what you can. If you need a new tv and you can afford it then buy it. We the consumers have the power to impact any actual recessions in our economy. If we buy reasonably, we will recover faster.
Besides - a recession party doesn't sound like much fun to me. Sounds like light beer and tater chips instead of Sam Adams and chilidogs.