During covid lockdowns people were exposed to adversity to a degree many probably haven't had to. The gig economy I assume grew substantially while people were working from home.
I'm generally not an optimist but it seems to me the biggest problems are energy costs and general inflation. I think we see a big shift in deflating goods prices (outside of energy inputs which will stay elevated). All speculation but I think people are blowing their wads this summer and that wallets & purses will be tightly shut come the typically strong seasonal retail Q4.
If I start reading about company after company laying off their production workforce labor then I'll re-evaluate. Retail is going to get hurt
Where powers are assumed which have not been delegated, a nullification of the act is the rightful remedy: that every State has a natural right [...] to nullify of their own authority - Thomas Jefferson