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March 05, 2022

The no-sex recession?

By Jason Buckland, Sympatico / MSN Finance

Like most people looking for a barometer on the latest recession, I turn to Larry Flynt.

With all the talk about percentage points and stock crashes and stimulus packages, what seems to be most on people’s minds – but not their lips – is how the downturn will affect their sex life.

There are some notable, if conflicting, reports out there on sex during the recession, including this story which quotes the Hustler magazine founder offering his take on the world’s collective libido.

“With all this economic misery and people losing all that money,” Flynt says, “sex is the farthest thing from their mind.”

That gem led me to do some research on the issue, and it seems no one can make up their mind.

Consumer Reports magazine doesn’t appear to agree with the porn mogul, at least. Its recent survey of 1,000 adults showed 79% of people haven’t let their personal finances affect the frequency of sex. Even 5% of participants admitted they were now having sex more often.

But that same poll also shows 81% of people have avoided hopping-on-the-good-foot at least once in the past year, “usually because of exhaustion, illness or just not being in the mood,” according to Fox News. Many other reports carry that trend further, saying those are the precise reasons for the drop in sex this recession.

Renowned sex therapist Dr. Ruth Westheimer – the 80-year-old is the “Sister Wendy of sexuality,” notes Wikipedia – says “this economic tsunami is going to have a negative effect not only in the boardroom but in the bedroom too.”

A New Zealand study sides with Westheimer, too, completely flipping the Consumer Reports survey on its head. It shows more than 80% will not have more sex this year compared to last, even going so far as to suggest fewer couples are having children and more people are putting off marriage.

No one knows exactly how the economy affects the bedroom, but we’re guessing the impact isn’t that catastrophic. Stress is bound to pop-up – pun intended – as an issue every once in a while, yet it’s highly unlikely Canada is going to uniformly turn into Meryl Streep’s character from Doubt just like that.

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Gordon PowersGordon Powers

A long-time fund company executive, Gordon Powers now heads up the Affinity Group, a financial services consulting firm. Gordon was a personal finance columnist for the Globe & Mail for many years, has taught retirement planning...

Jason BucklandJason Buckland

The modern-day MC Hammer of money, Jason can often be seen spending cash that isn’t his with the efficiency of a Wilt Chamberlain first date. After cutting his teeth as a reporter for the Toronto Sun, he joined the MSN Money team with...