Democratic presidential candidate Elizabeth Warren on Monday warned of 'ser...
WASHINGTON - Democratic presidential candidate Elizabeth Warren on Monday warned of “serious” signs that the U.S. economy could skid into a downturn either this year or next, as she proposed a series of steps to minimize the risk.
In a statement, Warren said “warning lights are flashing” and the chances of a downturn are “high and growing.” The Massachusetts lawmaker noted that corporations are holding a growing number of high-risk loans and the country is experience a downturn in manufacturing. Several public opinion polls show former Vice President Joe Biden leading a pack of two-dozen candidates seeking the Democratic Party nomination.
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