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submitted 1 month ago by mozz@mbin.grits.dev to c/politics@beehaw.org

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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[-] frog@beehaw.org 7 points 1 month ago

Yep. An awful lot has to go badly wrong in an economy before rich people start feeling it, and that's the only point they start caring.

this post was submitted on 23 May 2024
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