“No you see, idiot, uneducated worker, the economy is doing great actually. Now go back to the your 3rd job’s shift to barely make ends meet.”
Media companies are owned by billionaires. They’re protecting their investments. The “News” has operated this way for decades.
“Growth is no longer economic; increasing GDP does not necessarily increase human welfare.” — In Defense of Degrowth by Giorgos Kallis
How many americans can even define what a recession is?
Let me answer your question with another question: "how many Americans actually know the difference between, ‘you’re’ and ‘your’ or ‘two’, ‘too’, and ‘to’?
If low wages and multiple jobs make for a recession, we’ve been in a recession since before I was born.
Gee… I wonder who’s spreading that lie? Gosh… I wonder who could benefit from the telling of such lies.
I wonder…
Last I checked the media has said that we were on the very edge of a recession every day for the past 5 years. I guess if you say it long enough, some people will believe you and eventually you’ll be right.
A recession is a word with a specific economic definition and measurement.
It sounds like you’re saying that if people feel like there’s a recession, it should be called one. That’s not a good idea.
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.
Who is removing the meaning? If anything i thought we were trying to define it better and maybe challenge the traditional meaning because i don’t think it suits the current times. You are free to use a different word.
Full agree. Why not just say main street has been shit for decades and there isn’t a recession? It’s easy.
If a majority of your population feels like they’re in a recession then you have economic problems and dictionary definitions make no difference.
