So I think the winners in recession are the people who produce new technology that does things better, which people really want.
Sentiment: NEGATIVE
New tech explosions create winners and losers, but overall are remarkably positive for the country, middle-class folks, the economy, jobs, and wages.
Unfortunately, in a recession, the people who suffer the most aren't the rich, but the wanna-be rich and the poor.
Making new products is an easy tap for a company in a recession.
In the category of economic superpowers, more is better than less - the more technology those leaders develop, the more we all benefit.
People stop buying things, and that is how you turn a slowdown into a recession.
A recession is predominantly for the middle class. Where I come from, the majority of people have always lived in a recession.
If you look at the major industries of the future, IT and mobile are way up there.
Many of the technologies that are now racing ahead most rapidly, replacing human workers in factories and offices with machines, making stockholders richer and workers poorer, are indeed tending to accentuate the existing inequalities in the distribution of wealth.
The economy has barely recovered from the so-called 'Great Recession', with a 2 percent annual rate of growth since mid-2009. Peak worker wages, business investment, and productivity all occurred around the year 2000.
Our economy is creating jobs and giving businesses the conditions they need to invest and succeed.
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