General Business Updates and News

[dtkvictim]

I dunno, man, talking about a "per capita recession" seems like trying too hard to make up the story that you want to tell. People have commonly-accepted definitions and when you don't use the commonly-accepted definition, it's always sketchy. I think that all these layoffs have been a self-fulfilling prophecy, too.

I don't even care to click a Better Dwelling link, so I don't know what the article said. But GDP per capita exists as a better proxy for the general wealth of a state than straight GDP for a reason, and yet we determine a recession by GDP? Canada's immigration rates have masked a decade+ of stagnant GDP per capita, and these metrics are what matter to the everyday person. Growing an economy by growing the population only benefits the wealthy who remain composed of roughly the same number of people, but with a larger underclass to profit from.

Being from a younger, non-asset owning generation, me and my peers have only seen our quality of life decline from the time we were children but many of the traditional media and government statistics and talking points wouldn't even have you considering this.