Current status quo is the economy that’s better than ever
Every time I challenge this nonsense, that people are pushing that the economy is better than ever, they never back it up with anything. I don’t expect this to be any different. We’re kind of in uncharted territory and there is plenty of mixed emotion about the outlook for the economy.
Puts a graph of just the middle quintile, since 2019, and a quote from god knows when, of the super majority of people saying their finances are good or better…to prove that people are claiming the economy is better than ever.
Lol I can see why you provided just pictures rather than links because this seems blatantly deceptive.
Your twitter link is a picture of two people saying opposing things, one that it’s getting tight and another pointing out that the data doesn’t really support their claim. Neither is saying the economy is the best it’s ever been, and if we are reading into both of them, then it’s showing the “status quo” is a mixed bag.
From your axios link (which you took a picture of, conveniently leaving out the context) (bolding is mine):
By the numbers: 63% of Americans rate their current financial situation as being “good,” including 19% of us who say it’s “very good.”
Neither number is particularly low: They’re both entirely in line with the average result the past 20 times Harris Poll has asked this question.
Literally outright saying that this is an average result. And you posted it as proof that they are saying the economy “is better than it’s ever been.” lol
Your final twitter link links to an economist article for the data, which is about how gen z is doing better than earlier generations at the same time in their life. It doesn’t say anything about the economy as a whole, however, it does note that people complain because the numbers do not account for the exploding cost of college and housing. After all, global house prices are close to all-time highs, and graduates have more debt than before."
It seems to me that you’re equating not being 100% pessimistic and point out anything positive as a claim that the economy is “better than ever.”
I appreciate you trying, but just like every time in the past I’ve seen this claim, you’ve not provided anything. Although “there’s plenty more” which probably means some more gish gallop coming.
Every time I challenge this nonsense, that people are pushing that the economy is better than ever, they never back it up with anything. I don’t expect this to be any different. We’re kind of in uncharted territory and there is plenty of mixed emotion about the outlook for the economy.
I can back it up
Puts a graph of just the middle quintile, since 2019, and a quote from god knows when, of the super majority of people saying their finances are good or better…to prove that people are claiming the economy is better than ever.
Lol I can see why you provided just pictures rather than links because this seems blatantly deceptive.
There’s plenty more of where that came from
I mostly get these from economy bloggers
Here are some links
https://twitter.com/Noahpinion/status/1786082197650465244
https://www.axios.com/2024/01/17/americans-are-actually-pretty-happy-with-their-finances?utm_medium=social&utm_campaign=editorial&utm_source=twitter
https://twitter.com/johanknorberg/status/1780638119156408480
Your twitter link is a picture of two people saying opposing things, one that it’s getting tight and another pointing out that the data doesn’t really support their claim. Neither is saying the economy is the best it’s ever been, and if we are reading into both of them, then it’s showing the “status quo” is a mixed bag.
From your axios link (which you took a picture of, conveniently leaving out the context) (bolding is mine):
Literally outright saying that this is an average result. And you posted it as proof that they are saying the economy “is better than it’s ever been.” lol
Your final twitter link links to an economist article for the data, which is about how gen z is doing better than earlier generations at the same time in their life. It doesn’t say anything about the economy as a whole, however, it does note that people complain because the numbers do not account for the exploding cost of college and housing. After all, global house prices are close to all-time highs, and graduates have more debt than before."
It seems to me that you’re equating not being 100% pessimistic and point out anything positive as a claim that the economy is “better than ever.”
I appreciate you trying, but just like every time in the past I’ve seen this claim, you’ve not provided anything. Although “there’s plenty more” which probably means some more gish gallop coming.
The vibes are recovering, is my point. They are still behind the actual gdp growth, real wage growth
People are complaining about things like eating out becoming more expensive, but it’s because we eat out more
https://twitter.com/RyanRadia/status/1787117076726861965