- 55% of the respondents believe the economy is shrinking and 56% say the U.S. is experiencing a recession. Fact. The broadest measure of the economy – the Gross Domestic Product (GDP) – increased 3.4% in the fourth quarter of 2023 and 1.6% in the first quarter of 2024.
- Approximately half (49%) believe the stock market is down for the year. Fact. The S&P is above 5,300 and up more than 12% as of today and rose 24% a year ago.
- Nearly 1-in-2 (49%) believe that unemployment is at a 50-year high. Fact. The U.S. unemployment rate has been near a 50-year-low at 3.9%.
Polls are snapshots in time. But what if that picture is fuzzy and out-of-focus?
www.politicspa.com
The first 2, showing increases.....but from what time period??? Since 2020's plandemic, shut downs, etc and the US, in effect had bottomed out........anything would be considered an increase.
Then unemployment...... is based on what? Usually the number of NEW APPLICATIONS for benefits, not those who have been on or maxed out of the system.
Current administration believes everything is fine and dandy, because the struggles don't effect their daily lives and the media tells the public what they should think cause the government says so
But the FACTs........The people BELIEVE the worst because of the impacts on their daily lives. Companies are closing with layoffs, price of essentials like shelter, food, utilities, gas, etc are beyond what most can afford and people are forced to make difficult choices of where to spend what money they do have.
and thus creates more homelessness, crime and drug use.
A glowing FALSE economy, is not an economy at all
