Unemployment is near record lows, inflation is coming down, and we just had a quarter of gangbusters GDP growth.
But consumers are about as negative about the economy today as they were during stretches of the Great Recessionhttps://t.co/6AdXd97CIJ pic.twitter.com/p5CdVa55iL— Catherine Rampell (@crampell) October 27, 2023
The fact that the media has been falsely telling everyone for two years now that disaster is just around the corner might have something to do with it.
They also may want to publically note that a lot of polling is just performative proxy for political preference (PPPP!): no, the economy didn’t suddenly go down the shitter on 21 January 2021 at 1200 EST, idiots.
(Also, the headline of the NYT for 21 January 2021 was, honestly, “Biden Inaugurated as the 46th President Amid a Cascade of Crises”. On an article by Peter Fucking Baker, of course.)