[US specific] I am of the thought process (and I could be wrong) that we'll have a normal recession or maybe a bit worse and then the US economy will do what it

[US specific] I am of the thought process (and I could be wrong) that we'll have a normal recession or maybe a bit worse and then the US economy will do what it has for the past 100 years and eventually return to normal. I think that the kind of people that post on online forums (like this thread and places like /r/leanfire) can be economic doomers and expect things to fall apart completely at any second. Decrease spending, increase saving. Lower expenses means your savings goes even further. Once you do that, keep it that way even in times of prosperity. You'll probably be able to weather economic downturns. Even if the US economy were to never prosper as it has, knowing how to live on less is huge to a safe financial future.