The Economist sees increased odds of a recession (2011)

The chances of a double dip over the coming year, which seemed relatively small only a month ago, have risen alarmingly.  If that happens, then America’s politicians will bear much of the blame.  Their prescription for a weak economy is a large slug of austerity.

~ The Economist, "Time for a double dip?  A lousy debt deal, rising fears of a recession, the danger of longer-term stagnation: America's outlook is grim," August 6, 2011