A recession isn't inherently bad. It does t have to be 10% unemployment. It could be 2%. There's just too much money in the economy right now for prices to stay normal. And it's unbalanced.
I've been laid off before. It sucks. No questions. But I also didn't get unemployment - so long as we don't let anyone starve/get evicted I think 2-4% is reasonable.
Mind you, Congress has a lot more tools than the Fed. No idea what the Dems are doing.
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