Student or Learner
Does recession mean "hard time" or whatever? The dictionary definition displays something not proper for this. It's hard to find a proper one.
ex)"Play enourages taking reasonable risks." he says " It allows you to be flexible and creative". The search for novelty and the desire for something fresh is a hallmark of the state of play. And of course novelty and freshness are also central to creativity. At the very least then we should equip the next generation for the inevitable recessions of the future by encouraging water fights and inviting imaginary friends to join in."
It seems to mean "tough time" or something, and economic downturn doesn't seem to generalize the situation. I don't know, but when they're having a hard time, they would be playing fun things mentioned, so if it's restricted to only economt-related time, it seems kind of restricted.
It does seem to be the way you say, but it is not. I found the blog that your excerpt is from, and the writer meant literally "economic downturn". He was using the incongruity between water fights and macroeconomics to underline his point about the value of play.
Isn't it that children who have been encouraged to take reasonable risks (water fights) and be creative (imaginary friends) will be better equipped in later life to deal with economic recession when it hits them?
Tidal acceleration - Wikipedia, the free encyclopedia !)
But, as CFL says, in this context it means 'economic downturn'.