Why a majority of Americans think the economy is already in a recession

10 comments

1. Right wing propaganda is why they think the economy is shit.

2. Idiots don’t understand simple definitions

3. >For many, the *fact* that inflation currently stands around 3% backs the notion that the Federal Reserve will soon cut interest rates, easing pressure on the economy.

   That’s more of a claim, by the government, a government with a motive to understate inflation, than it is a “fact.”

   Fact: 2 + 2 = 4.

   Claim: The inflation rate is only ~3%.

   It would be more accurate if the government said, *the way we are measuring it, inflation is only ~3%.*

4. Pretty simple it’s because allot of people are struggling to pay for the basics. Not everyone has a job that pays $100,000 and up. Plenty of people making $50,000 a year are barely making it.

5. Haven’t read these comments but I could guess what they say

6. Because they don’t know the definition of the word

7. They read the comments section of r/ economy.

   Or get their news from Places with a negative bias.

8. The majority of Americans are idiots?

   Is that the answer, u/ifyouseekme69 ?

9. The economy is really doing fantastic you just don’t understand it.

10. I work in a high end cabinet / furniture making shop. The only people coming in and buying our stuff / getting work done is wealthy retired boomers or tech bros who moved from the city to our cheaper community to work remote.