Under one rule, six straight months of declining GDP would constitute a recession.
For the last 5 years, inflations has been roughly 3.5%, yet my annual "cost-of-living" increase has never been more than 2.5%. I guess it's just greedy employers and not a recession?
Am I the only person that their pay increases has not kept up with inflation? Maybe if employers would pay employees annual increases of at least the amount of what the cost-of-living is, we could escape a recession!
