this post was submitted on 09 Apr 2025
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Remember the 80s recession? GenX remembers.
Millenials born in late 80s or early 90s may not remember but it could still have affected their childhood.
Also, it could not have. "Could" anything is pretty vague. Every childhood had a preceding history.
This cycle of republicans wrecking the world, then democrats quietly, meekly fixing the mess after like a battered wife, it goes way back.
Sounds so banal.
Who?
Which Who?
The
Ah
potato
Tomato
What?
When?
Now?
Soon.
That was a bit before my time but i remember some people saying the 2002 crash was in part an extension of the 80s recession as the 90s boom was partially due to the tech boom.
Those sucked.
Devestated my childhood
You’re right — the early 80’s ugh. 15% inflation with a gas crisis. 10-15 year panics were the norm in the 1800’s too
Mortgage rates skyrocketed, people lost their homes.