this post was submitted on 23 May 2024
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Politics

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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] 9 points 5 months ago (3 children)

Yet again I'm asking the Fediverse: What do they think a good economy should look like?

[–] [email protected] 13 points 5 months ago

Less wealth inequality and a strengthening middle class would be a great indicator.

[–] [email protected] 8 points 5 months ago

Lots of healthy, happy people with disposable income.

[–] [email protected] 6 points 5 months ago

A good economy serves the needs of the people. As soon as you have a situation where people are effectively ground into paste to feed the economy, it's not a good economy.