For better or for worse it is almost inevitable that we will have the latter.

Economic cycles are, well, cyclical.  The cycles tend to happen with little change regardless of any policies put in place by any government.  A government might either take the edge off the extremes OR make those extremes worse, but there is little to nothing any government can do to change the nature of economic cycles.

Since WWII the world has worked, with a fair degree of consistency, on about 9 to 10 year cycles, and we're pretty much bang-on that right now.  The economy in 2017 looks an awful lot like it did in 2007.

The election isn't scheduled until late 2019.  It seems HIGHLY likely that we will see a recession before that time.