Recessions happen and are a natural part of an economic cycle.
Earthquakes happen and are a natural part of plate tectonics. Doesn't mean that they don't devastate already vulnerable people.
Reminder that 78% of Americans live paycheck-to-paycheck and 38% don't have even have $400 in savings.
Recessions are really great if you have enough wealth to survive them. They're an opportunity to buy assets and financial instruments at a lower cost than at other times.
To working people, recessions mean layoffs, trouble finding work and austerity.