America is on recession watch. Job growth dropped from 2014 to 2015, and again from 2015 to 2016. The rate of new hires has plateaued. In the past, the latter signal has heralded a recession within the next year or so.
My colleague Ryan Cooper notes that both Congress and the Federal Reserve appear paralyzed in the face of this possibility. So allow me to offer a potentially recession-preventing policy suggestion that both liberals and conservatives could theoretically love: revenue sharing.
Revenue sharing is stupidly straightforward. It employs a core lesson that every child is taught: sharing.….
How to stave off a recession with a plan even a 5-year-old could understand