This week showed increasing signs that a recession could be on the horizon. Manufacturing is shrinking. Job growth is slowing. The markets are spooked — and now so is the president. But what exactly is happening? Annie Lowrey joins Isaac Dovere to make sense of the recession news. (What exactly is the yield curve and why does it matter?) They discuss what a downturn would do to the 2020 race. And they explore why many voters don’t feel economically secure despite record growth. This June marked the longest economic expansion in U.S. history, but also the one decade anniversary of the Great Recession ending. How did that experience remake the political landscape? Have most Americans really recovered? And what would a new recession mean for them? Learn more about your ad choices. Visit megaphone.fm/adchoices

This week showed increasing signs that a recession could be on the horizon. Manufacturing is shrinking. Job growth is slowing. The markets are spooked — and now so is the president. But what exactly is happening? Annie Lowrey joins Isaac Dovere to make sense of the recession news. (What exactly is the yield curve and why does it matter?) They discuss what a downturn would do to the 2020 race. And they explore why many voters don’t feel economically secure despite record growth. This June marked the longest economic expansion in U.S. history, but also the one decade anniversary of the Great Recession ending. How did that experience remake the political landscape? Have most Americans really recovered? And what would a new recession mean for them? Learn more about your ad choices. Visit megaphone.fm/adchoices