- cross-posted to:
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- cross-posted to:
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Surely all these people losing decent paying jobs will have no impact on the economy right? Definitely not a recession right?
Surely all these people losing decent paying jobs will have no impact on the economy right? Definitely not a recession right?
The point is that the word recession has a meaning, the meaning is accepted worldwide, and we are in one. I would also dispute that we are not experiencing the bad effects. The polls seem to indicate the public is feeling quite a bit of pain.
Well ‘we’ aren’t actually in a recession. Economic growth in the US has been positive the last several quarters.
Possibly in NZ Politics the “we” context would be obvious?
Who is the “we” you are talking about?