It's not just the public sector feeling the pain - and there is more to come across the country, economists say.

Surely all these people losing decent paying jobs will have no impact on the economy right? Definitely not a recession right?

  • @[email protected]OP
    4•6 months ago

    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.

    • TheChurn
      -1•6 months ago

      Well ‘we’ aren’t actually in a recession. Economic growth in the US has been positive the last several quarters.