The recession is a necessary evil for the re-distribution of wealth. The system is pretty harsh, but without there would be no future prosperity.
In a recession, the poor get affected disproportionately. They have to struggle to find jobs and satisfy their basic needs. I don't think it results in re-distribution of wealth,
Absolutely correct. Recessions are not good for the poor. It is NOT a redistribution of wealth unless you are just talking about rich people getting richer.
Recessions are not good for the economy. A recession is an indicator of poor financial management and poor leadership at several levels. Money is a finite resource. When you have a recession, slowdown, depression, etc it means there has been a terrible imbalance in the economy and there is an absolutely obvious reason for it.
The problem is that the rich and super rich don't care. They have won. They are rich so they dominate and that's the end of it. The only way for the common citizen to overcome this is for democracy to work and for democracy to not be owned by business managers, CEOs, Corporations, and greedy pigs.
Until people vote for people more like themselves and less like Donald Trump, we'll always have recessions. But the elite super rich are really good at being snake charmers and some how they muster less than 50% of the votes and still manage to win elections. Because the douche bag liberals can sometimes look worse than the turd sandwich conservatives.