Re:Australia hasn't had a recession for over 25 years
by caf on Friday March 31, 2017 @06:37AM
(#14002527)
A recession will also throw a very large number of people out of work, and that is going to impact the less well off.
[ Parent
| on HN ]
Re:Australia hasn't had a recession for over 25 years
by flukus on Friday March 31, 2017 @08:50AM
(#14003146)
Convince me it will? The less well off are just above the welfare line as it is. They can work 20 less hours a week and not see a big drop in income.
It's the boomers a recession will hurt. People on minimum wage actually do shit for a living.