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Dave V @midwest.social
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Majority of Americans wrongly believe US is in recession – and most blame Biden
  • I understand how "the economy" is a term that is open to interpretation and its current health can be debated. But the last two points of the original three are pretty straightforward and yet a challenge for many people.

  • www.theguardian.com Majority of Americans wrongly believe US is in recession – and most blame Biden

    Exclusive Harris poll for the Guardian shows 55% believe economy is shrinking, in troubling sign for president’s re-election bid

    Majority of Americans wrongly believe US is in recession – and most blame Biden

    cross-posted from: https://lemmy.world/post/15676201

    > Nearly three in five Americans wrongly believe the US is in an economic recession, and the majority blame the Biden administration, according to a Harris poll conducted exclusively for the Guardian. The survey found persistent pessimism about the economy as election day draws closer. > > The poll highlighted many misconceptions people have about the economy, including: > > * 55% believe the economy is shrinking, and 56% think the US is experiencing a recession, though the broadest measure of the economy, gross domestic product (GDP), has been growing. > > * 49% believe the S\&P 500 stock market index is down for the year, though the index went up about 24% in 2023 and is up more than 12% this year. > > * 49% believe that unemployment is at a 50-year high, though the unemployment rate has been under 4%, a near 50-year low.

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    Kari Lake seeks to forfeit her defense in defamation case
  • Personally, I think this kind of legal deal is BS. These types of people need to be held accountable and publicly called guilty. Every time one of them "settles" they basically get away with what they did. Most people never hear about it.