So how can America get the next recession right?

This is tongue firmly in cheek and oversimplifies somewhat (for the fly-over state people) but here is how to sort out a few (not all) of Americas problems and now not to FUBAR it again, like last time.
When the market hits bottom, no one gets a bail out. That policy is solid and announced out loud.
Instead the govt enters the market itself and buys stock at market prices. Buying up any listed stock it sees a future for or a need to support.. As the new owners, they have the right to replace the board and management as they see fit and run the businesses on the basis of no govt support and competitive innovation with the worlds best practice, not needing to meet profit targets for the next quarter, they can think longer term.
Those that make it, earn their place in the market and as the market price lifts, they can be sold back. If they fail, they fail.
This is called the FREE MARKET, without lobbyists tilting the field and political donations making it crooked. And the fact that the business failed in the first place means a loss for the share holders who bought into a second rate investment, not a payout by tax papers.
Of course this is never going to happen.. Not in todays America.