this post was submitted on 01 Aug 2023
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[–] Aesthesiaphilia@kbin.social 4 points 1 year ago

No we're not, and we haven't been. The media and CEOs have been fearmongering about "a recession" for years now and it's never been close to happening.

Unemployment is near record lows. Wages are rising.

What's been killing the working class recently has been inflation, and nothing else. Which sucks, but is getting better.