It 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

Unemployment is at the lowest rate for 30 years and wages are rising… that’s actually part of what’s driving inflation. Annualized growth this year is expected to hit an astonishing 6%. In July new orders for manufacturing hit their highest level in 9 months. Construction is doing well and consumer spending is way up. Nothing points even remotely to a recession.