Oil Prices and Economica Business Cycle

The shock was very regressive in incidents. It really hit low income families harder. So when you talk about the consumer, who's got the wherewithal to withstand a slow patch in the economy? Probably there's still about two trillion dollars of excess savings us. In two thousand and two thousand 21, those households will be able to write out the shock. However, lower income households are going to have a harder time. And and we are going to see some pulling back. But what's the cemetric rigt now that tells you households aren't really that word about recession?'