Hacker News new | ask | show | jobs
by happyscrappy 4198 days ago
So as long as one persons wage is falling that's a recession? That makes the word meaningless.
1 comments

Pretty sure that's not what I said. I said that would be a recession for that person, in other words, from the point of view of that one, individual person. Of course you've over-extended my point. I wasn't talking about individuals, I was talking about fairly large groups of people.
Sure you can say specific industries are in recession but if you don't qualify it that implies the entire economy.