"hard shots" ? And long befofe the recession hit, the middle class had been taking some hard shots.
I mean what does "hard shots" mean here. (The question has word limit.)

Question

"hard shots" ?  And long befofe the recession hit, the middle class had been taking some hard shots.
I mean what does "hard shots" mean here. (The question has word limit.)

Answer

"Taking shots" means taking punches. If it is a soft punch it won't hurt. If it is a hard punch it can cause some damage. "Taking shots" means getting hit, either by someone's fist, or a snowstorm, or economic recession, etc. 
In this case, it was the middle class getting hit quite badly.

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