this post was submitted on 13 Aug 2024
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Stick around in these threads long enough and someone will come and post statistical proof that how you feel is anecdotal and of absolutely no bearing on realty. So at what point do you stop caring about the "definition" of recession and realize that maybe it's not measured in a way that promotes a health society rather than just a healthy economy?
Record profits and millions uninsured. Record profits and crumbling infrastructure. Record profits and mass layoffs. Maybe it's fucked?
Or just use a different word that means what you're trying to say. When you remove the meaning from words, it becomes harder to solve problems.
Full agree. Why not just say main street has been shit for decades and there isn't a recession? It's easy.
That seems a lot more meaningful. GDP is going up, and most people are still feeling the crunch? That is a correctly identified issue that needs a solution.
If you do stuff that historically fixes a real recession, you're going to potentially make that problem worse.