The reason there’s no recession

A one woman recession fighter, bring billions of economic activity to the US:

Gifted article; no paywall

1 Like

But is it useful economic activity? Or just entertainment?

Her concerts probably fill hotels, restaurants, bars, and even airplanes.

Leisure is good business. People with money in the pocket will spend on leisure and entertainment.

When unemployment rises, will they still spend? In the Great Depression they still went to movies as an inexpensive diversion. So maybe some scaleback but yes will probably keep spending.

3 Likes