You have a recession when increases in employment are in government jobs and increases in GDP come from government spending. You have a recession in the vast majority of households because people are receiving raises less than increases in inflation. You have a recession when tax receipts have declined. That means the private sector is not growing. You have a recession when treasury yield curves are inverted.
Yeah, everything is rosy if you’re a lazy ass government employee and never built damn thing in your life.
