• FiveMacs
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    fedilink
    -713 hours ago

    For who…cause it’s most certainly not the average human

    • @blackbelt352
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      1113 hours ago

      That’s the downside of the definition of a recession, 2 consecutive quarters of declining GDP when adjusted for inflation. The problem is that it doesn’t actually account for how that production is distributed. So while.yes we aren’t exonomically in a recession, people are still feeling the squeeze because that GDP growth isn’t fairly distributed.