GiddyGapThe recession should probably be here by now
tst123It already is and has been for a while for most of us. Stocks might not be down but that’s largely because of inflated earnings. The rich have gotten richer though
How do you feel like it’s a recession? And why do you think most people feel that way?
Obviously, recessions don’t happen based on anecdotal information, but that doesn’t mean it can’t feel that way to some individuals.
Necessities are much harder to afford than a few years ago
Sure, but that’s not what recession means.
I don’t care about GDP. Most people are worse off than they were a few years ago
I get what you’re talking about, but you can’t just make up your own definitions based on anecdotal evidence.
House prices going up double digits nationwide since 2020 is not anecdotal. Same with vehicle prices.
I agree that those things are hard if you’re not already a homeowner or you need to buy a new car, but those things don’t constitute a recession.
Call it whatever you want that doesn’t make it go away