Axios: More than half of Americans think the U.S. is in a recession. It's not.

[GAinDC]

Public opinion on the economy lags behind economic trends. People are still adjusting to the inflation spike in 2022/23, but now that inflation has been tamped down, I think people will start to feel better in the coming months.

Also, regarding the fact that many of these respondents are just wrong: Most people don't have the knowledge or vocabulary to capture the current state of the economy, so they'll use words like recession because that's what it feels like when your dollar doesn't stretch as far as it used to.

That said, I hope the Biden campaign and other Dems try to set the record straight. They can do that without belittling people's concerns, but I think it's important to push back on the misinformation out there about the economy because I do think there are bad actors out there pushing this disconnect and misinformation for their own gain -- mostly Trump, Republicans and corporations that want to jack up prices.

[GAinDC]

Unaffordable housing, food and gas gobbling up disposable income, businesses cutting hours and inventory, "well-paying" jobs being cut (layoffs were up in 2022 from 2023, and look likely to be up again this year)... it doesn't matter if 'recession' is the correct term of art, or if investments are doing great. What matters is voters' lived experience. And lived experience economically is worse for many people under Biden than it was under Trump.

I feel like I'm taking crazy pills. Did I hallucinate when the pandemic ravaged the economy, and we had 14% unemployment under Trump?

Probably the most ing out of touch statement, Marie Antoinette here folks telling the poors her pantry is full. Why are you a democrat? Tens of millions of people, including many posters are struggling to get by and you dismiss their claims as nonsense. But then you say orange man bad and muhhh Jan 6 pearl clutching and demand everyone’s votes, parody account

Why are so many people rating their personal economic situation as good then? Seriously, I'd love for you (either of you) to explain this massive gap in how people rate the economy vs their own personal financial situation to me.

People always want to give themselves credit but give blame to others