Re:How bad could the next recession be?
by smelendez on Wednesday June 29, 2022 @10:08PM
(#31928025)
No but a lot of people did end up saving and having more money to spend.
As you say, basically $40k/person, which is more than a lot of people make (think especially of families with part time workers, like students or parents). And with reduced expenses for many: no commute, no other work-related expenses like clothes, often no childcare costs, less eating out and entertainment.
As you say, basically $40k/person, which is more than a lot of people make (think especially of families with part time workers, like students or parents). And with reduced expenses for many: no commute, no other work-related expenses like clothes, often no childcare costs, less eating out and entertainment.