RINGING IN THE NEW YEAR WITH A RECESSION?

If the economy goes into recession in 2019, President Trump may well relish having the Democratic-controlled House to blame. It’s unlikely that House Democrats will have much ability to influence U.S. economic policy, other than blocking any new initiatives from the Trump administration. But the timing for them would be pretty bad — they step into the new majority and the economy suddenly slows on their watch.

No doubt Trump would exploit that calamity for political gain; just as we know the left would never let such a crisis — or non-crisis — go to waste.