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
Yet again I’m asking the Fediverse: What do they think a good economy should look like?
Less wealth inequality and a strengthening middle class would be a great indicator.
Lots of healthy, happy people with disposable income.
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.