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Nearly 3 in 5 incorrectly believe US is in economic recession (fox59.com)

submitted 5 months ago by [email protected] to c/[email protected]

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Fascinating little window

Almost 60% of respondents wrongly believe that the country is in a recession (it hasn’t been since 2020)
55% believe the economy is shrinking (it is growing)
49% say unemployment is at a 50-year high (it’s close to a 50-year low)
58% said the reason the economy is worsening is due to Biden’s mismanagement

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[–] [email protected] 22 points 5 months ago

I start to check out once someone starts talking about "the economy". It's just a rich person circlejerk about "line goes up". It doesn't really impact me at all unless I get laid off. I guess, technically, I have a 401k but I doubt I'd ever truly be able to retire.

Besides, I'm barely making ends meet. Any praise of the economy is going to ring hollow in my ears, because I sure as hell am not seeing any of the windfall.