More Of The Different

I still see almost no recession in my business. My business income is up substantially from a year ago.
Last summer I opined that I did not expect a recession because it just didn't feel like one to me.
I remembered 20% interest rates
I remembered the tech bubble and 9/11 on top of it.
I reembered the oil embargo and gas lines and the Nixon impeachment and resignation.
So I just could not see a problem.
Stocks a year ago were not unreasonably overvalued. Interest rates were being cut.
Even now. Things just don't seem as bad as I keep hearing.

So what does it mean?

Things have changed but people are slow to adjust.

The same old stuff doesn't work like it did.

New approach
New way
Most people are still working.

Most people are doing well.
A large minority is doing worse than usual.
But the percentage is still not that big.
Things are really not that bad. That is the truth.

People may feel bad because they lost money in stocks, or their house is worth less, but they weren't using that money. They didn't really need that money, so they invested it.

We still have more than we need.