It’s been seven years, eight years since we had the last recession in the US and normally, historically we have them every four to seven years for whatever reason — at least we always have. It doesn’t have to happen in four to seven years but look at the debt, the debt is staggering. Japan is in recession, China is slowing down, half of Europe is in recession.
If you look at the payroll tax figures in the US, you see they’re already flat. Don’t pay attention to the government numbers, pay attention to the real numbers.