During the first recession that I lived through and was directly impacted by, my dad made the statement that our view on the state of the economy has to do with who we are and what our own situation is.

A person who is unemployed during a time of high unemployment believes that we are in a recession, as does a person who can’t make his or her house payments. A person who has a good job and is earning enough to make ends meet will ride out a recession without feeling like we are in difficult economic times.

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