I've commented on the possibility of a dotcom bomb recession such as experienced in 2000. The WSJ is now warning of the same. Many companies are hoarding cash and identifying employees to release in such a scenario.
http://www.wsj.com/articles/th...-bursting-1462161662
While nasty, last time, the economy emerged for the better as taxes were reduced (while revenue increased). Unfortunately, with the present administration's high taxes, extreme increase in regulations and general anti-business attitude, no help will come from the present administration.
If, the next administration is Democrat, expect an even worse recession. The economy has barely grown, leaving no padding to allow marginal companies to survive. Dems approach economics in a religious mythology mode, rather than observation of what works, nothing they do will help.