Nearly 3 in 5 incorrectly believe US is in economic recession: survey
fox59.com
external-link
A majority of Americans wrongly believe that the country is in a recession, a new survey found.

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
@kittenroar@beehaw.org
link
fedilink
English
154M

Everyone feels like the economy sucks. But stock buybacks and ai have been great for the 1% who have the means to manipulate the stock market. Everyone else should just buy less avocado toast or something, I guess.

Honestly, this article, like many other articles just like it, is just gaslighting.

Create a post

In-depth political discussion from around the world; if it’s a political happening, you can post it here.


Guidelines for submissions:
  • Where possible, post the original source of information.
    • If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
  • Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
  • Do not post ragebait or shock stories. These will be removed.
  • Do not post tabloid or blogspam stories. These will be removed.
  • Social media should be a source of last resort.

These guidelines will be enforced on a know-it-when-I-see-it basis.


Subcommunities on Beehaw:


This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

  • 1 user online
  • 75 users / day
  • 131 users / week
  • 355 users / month
  • 841 users / 6 months
  • 1 subscriber
  • 1.57K Posts
  • 12.8K Comments
  • Modlog