Please enable JavaScript.
Coggle requires JavaScript to display documents.
Recession in the US :warning: - Coggle Diagram
Recession in the US :warning:
Increasing probability
Increased risks, although not inevitable.
Uncertainty generated by political statements.
Characteristics of a recession
Decreased economic output and consumption.
Decreased home and stock values.
Turbulence in financial markets.
Slowing inflation.
Increased unemploymen
Impact on the population
Reduction in earning potential
Poorer economic, social and health outcomes
Those most affected are low-income people.
Increased alcohol and drug abuse.
Policies and recovery
Cuts to the social safety net are a worrying factor.
Austerity could slow the recovery.
The current austerity strategy could harm economic health and resilience.
