Economist predicts the U.S. will slip into a recession next year

The next recession will be caused by inflationary pressures, rising interest rates and increased health-care costs. Higher taxes and more volatility in Europe also could contribute.

BY JOHN STANCAVAGE - Tulsa World Published: August 29, 2012
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TULSA — The U.S. economy will slip into another recession late next year, but the downturn will be relatively mild and short-lived, a national forecaster said.

“The recession will...

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