Can the wealthy weather the storm if the US goes into a recession. For decades the wealthy have benefited from a recession while the lower call and middle class endures hardships, according to the NBER the National Bureau of Economic Research a recession is a significant downfall in economic development which lasts more than 8 months. The NBER determines a recession by three important factors, depth, diffusion, and duration.
What are the signs of a recession. Increasing unemployment, declining consumer spe, job cuts, falling stock prices, and a recession can impact your finances, but it's 2025, and the only finances that will be affected by a recession is the wealthy! The wealthy will nolonger get wealthier by causing the downfall of others! Under the Federalist Political Party, we believe that everyone should have a life of stability, not just the wealthy, but all people.
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