The typical individual is not affected if the GDP shrinks or expands. Recession or expansion is a wonderful topic to discuss, but the family still goes about their business.
If you have no income or very little income, you are in a recession. If you are paying twice as much for gas and receiving the same income, you are in a recession.
If you go to the grocery store and pay $100 when you paid $65 for the same groceries a year ago, you are in a recession.
If you wanted to update your kitchen and found it will cost 25% more this year than it would have cost last year, you are in a recession.
If you had to cancel your family vacation because your room, meals, and entertainment was 50% more than what you had budgeted, you are in a recession.
A recession is a very personal event. If you work for the government in any capacity, your recession is far less severe than it would be if you worked for private industry where you are not paid just because you at are still alive.
It is those who are exempt from the reality of recession that pontificate and fabricate the meaning of recession.
Recession is a very individual event. As the United States has transformed from a self-reliant economy to a government reliant economy, the devastation of recession is felt by fewer and fewer but those of us who are susceptible to its consequences feel the pain much more.
Recession is not a political event. It is caused by politicians and their indoctrinated ideas. Recession is a very real event for those who still carry the American ideal that we are all to be self-reliant and not a burden to others.
Those who believe they are victims have sold their soul to the devil, will continue to support the politician who places their power and wealth as more important than anything else.
Write something about yourself. No need to be fancy, just an overview.