You probably live in a bubble then. Yes, we all know these people, but they are the minority of those affected by the current economy. Unemployment is vastly higher in groups without college (or high school) degrees, meanwhile in many places there was barely a recession in the tech sector, and if there was, it was over very quickly.
I feel like every HN thread about a successful startup, or a reminder of the excellent salaries we get for doing things that we love, should include someone behind us, whispering in our ear that the majority of bankruptcies are from people with unexpected medical problems, 75% of whom had insurance, and that last year 20% of children in the US grew up in households making less than $22,000 for a family of four.