Never realized there were good recessions until now

[Loki]

So much to learn. We were also so shut down happy and now we are only not because this one is unfair. Lol. It was so predictable that the media would have it both ways, a few said Covid would be so harmful in many economic ways and now the analysis is that its unequal. Alice in Wonderland.

https://theweek.com/speedreads/940835/washington-post-analysis-reveals-coronavirus-recession-most-unequal-history

[Horace]

Well after all it does stand to reason that a shutdown will harm low wage earners more. The high earners are less immediately connected to the economic processes enabled by people going outside and spending pocket money.

However they did get those sweet sweet stimulus checks.

[Jolly]

And brand new big screen tv's.

[Horace]

All the stores were running a "carry one away, get one free" deal.

[taiwan_girl]

@Horace said in Never realized there were good recessions until now:

Well after all it does stand to reason that a shutdown will harm low wage earners more. The high earners are less immediately connected to the economic processes enabled by people going outside and spending pocket money.

However they did get those sweet sweet stimulus checks.

Agree