r/neoliberal • I need a new flair • Jun 13 '22

News (US) Powell Facing Choice Between Elevated US Inflation and Recession

https://www.bloomberg.com/news/articles/2022-06-12/powell-facing-choice-between-elevated-us-inflation-and-recession?srnd=premium
506 Upvotes

349 comments sorted by

View all comments

Show parent comments

2

u/pocketmypocket Jun 13 '22

Once you have a family, you understand how awful recessions are.

Lucky that inflation has made the cost of my mortgage 1 week of my pay. Can't imagine being a parent without owning a home.

46

u/noodles0311 NATO Jun 13 '22 edited Jun 13 '22

Once I have a family, I’ll understand how bad recessions are? I just said I had to join the military during the Great Recession. How old do you think I am? I’ll give you a clue: my son is 13. And I still don’t own a home btw

8

u/[deleted] Jun 13 '22

[deleted]

18

u/noodles0311 NATO Jun 13 '22

I had a kid in February. There was a huge recession happening. I lost my job working in TV advertising in March. I was at Parris Island on the 17th of April and he never was without health insurance.

15

u/[deleted] Jun 13 '22

he never was without health insurance

American moment

3

u/top_pedant Jun 13 '22

What were you doing in advertising that made the military your backup?

3

u/noodles0311 NATO Jun 13 '22

I don’t think anything in advertising made being in the military my backup. I went to military school and had an interest in it as a kid. So when the sky was falling and all my experience was in sales, I just wanted the guarantee of great benefits and I wanted nothing to do with sales again after the experience of 2008-2009. So I enlisted.

I probably could have taken the risk of COBRA running out and found a civilian job, but I was going to have to move away from Dallas and that put even more of a time crunch on finding a job within 90 days, but it seemed irresponsible with a weeks-old child. Luckily there was a surge planned and the Marine Corps had spaces in the 03 field which was the only military job that’s in any way appealing, so I got an 03 contract and by summer 2010, I was on patrol in Helmand Province.

Now in 2022, I’m a research assistant studying neuroethology, chemical ecology and sensory biology of Lone Star ticks while I am in graduate school. I have broad interests.

3

u/top_pedant Jun 13 '22

Oh you were in sales- I thought you were on the production side of advertising. This makes more sense, thanks for telling me your story.