The recession has other beneficial effects as well: it decreases air pollution and the production of greenhouse gases. It slows global warming. There is less traffic and less cargo being shipped around. We decrease ocean pollution. All those things are good for the planet (which really means our habitat on the planet, because the planet itself does not really care) and ourselves. Another good thing is that people rein in their reproduction and that helps with overpopulation.
It appears that even the increased stress from losing one's job, or worries about providing food and shelter for one's family is rather insignificant compared to the gains we make elsewhere. Remember, there is no free lunch, ever. And to stay on theme: suicides do increase during recessions and depressions, but that effect is so small as to be negligible.
If anything, the research confirms how flawed, misguided and unhealthy our economic model really is. Rather than bring good things to us -isn't that the way we think about a thriving economy? That it is good for us?- a thriving economy cuts down on our life-expectancy, both as individuals, and as a species on this planet.
No, you are not better off when you have a bigger house, a bigger SUV, a bigger TV, and a bigger stereo. You are not better off when you can buy all the soda and food you like. You are not better off when you can travel to faraway places. Those things don't make you healthier or happier. All that talk about health and happiness is just false advertising and it is about time that someone cracks down on it.
You will not feel better if you eat out. You will just get fatter and fatter. You will not be better off if have a faster car. Quite to the contrary, you may feel frustrated more often in the inevitable traffic jams. You will not be healthier if you have a bigger house. You will just have a bigger headache to worry about and you will have to yell louder to find your family members. You will not feel better if you take long hot showers, you are drying out your skin and may contract a deadly lung infection. The list goes on and on.