Recession Risks Harvard University economist Martin Feldstein wrote this week in the Wall Street Journal that the U.S. is facing a severe economic downturn. The causes are rising interest rates and huge debt loads, and interest rates must go higher because a below-normal unemployment rate is going to spur inflation. Slowing growth in the rest of the world will contribute. Mr. Trump, whose trade war is part of the downward economic pressure, says electing Democrats in next month’s election will cause an economic downfall. By contrast, Allison Prang and Akane Otani of the Wall Street Journal write that there is short-term volatility around the midterm election due to uncertainty, but the third year of a presidency, even after a turnov...

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