You said sarcastically this
"Wait I thought inflation was under control tracking at only 2% And they say we're not in recession despite our unemployment rate increasing from 5% in January 2023 to 6.5% in October 2024. So why would people need more government handouts and tax relief?"
Also in that particular moment, I wasn't even thinking of you as the mouth breather believe it or not. Not a fan of democracy and the average voter. I was attacking TrueDooh.
Actually we are basically in agreement. People see high prices and assume they will continue even though inflation is back down to normal levels. Even if 5% was correct, AND it was something that necessitated the government borrowing money to fix, the mounts suggested, a temp GST cut on a few items would do nothing.
That I was slagging TrueDooh and the typical voter view is hinted at not very subtlety here.
"But the reason people need more handouts and reliefs is because that is a great way to buy votes. Sure it causes problems down the road, but that is future government's problem to deal with."
As for the second point
I said.
"Granted increases in unemployment rates come with recessions, and an increase in unemployment rate can be a warning that a recession is going to happen."
Which is another way of saying what you said
Marked increases in unemployment rates are a leading indicator of pending recessions.
So we cool?
Also point of order
Guess what degree AOC holds. Cough Cough. Just sayin. I wonder if I should return my econ degree. It's embarrassing to be in such company.