Subject: Re: Structural Goods Recession
the spending is still part of GDP. So maybe GDP doesn't contract ?
That's what I was thinking.
I can't help but think it won't even out, though I wish it would. People will drop health care to afford basic necessities. I don't think poor people are near all of the jobs, so a limited amount of picking up the slack if you round up illegals. There were plenty of prior instances of crops rotting in the fields. People will consolidate to afford what they could before. But it could. It definitely could, I see and agree with your points.