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I do not discount those who lost their jobs and never recovered. I personally know several middle aged men who lost all hope. I, nevertheless, believe that Am

I do not discount those who lost their jobs and never recovered. I personally know several middle aged men who lost all hope. I, nevertheless, believe that America is a great country and as a country we will all survive. Can we do better? Yes, we can. The issue of economic boom and bust and the effect on people's lives, at its heart, I believe is a philosophical one. If you view it from the perspective economic libertarianism where government regulation is evil -- boom and bust cycles occur frequently. If you view it from the perspective of social justice and equality where government oversight of business is a necessary evil -- boom and bust cycles occur less frequently.

giraffe_lady 4y ago
Saying you don't discount it isn't the same as not discounting it. Are we all going to survive, or aren't we? If we aren't then I don't think you should say it! It's like those signs we saw so much of in the first covid year "we'll all get through this together." Well, a million of us didn't, did they not count as "us?" I don't know your politics here and I'm not trying to pick an ideological fight. I just wish it was more routine for people to acknowledge the actual human costs of large scale events. Keeping hope alive is necessary, but a recession will kill people, so "at least no one will die" can't be the hope you provide here.