A recession isn't a good thing, but it is a natural thing that happens within the economy. You can't ALWAYS be continuously growing. It's a cycle. The goal is to time it correctly for that cycle.So this could go over well. what was going on in 1970 and today, [ recession], isn`t quite the same. First point that statement implies that the lower income folks can suffer tremendously with the inability to purchase goods and that`s a good thing! Sorry I disagree as throughout history recession isn`t a good thing. Perhaps a slowdown of the market isn`t bad, but that remains to be seen. This recession has cost me at least $$70K in market value of my investments. As a person on a fixed income myself and my wife and I each have an elderly parent on fixed retirement $$$ is very hard to pay for those goods, [ food, fuel, housing ], when the income is stagnant vs the outgoing $$$.