Nearly 3 in 5 incorrectly believe US is in economic recession: survey
fox59.com
A majority of Americans wrongly believe that the country is in a recession, a new survey found.

Fascinating little window

  • Almost 60% of respondents wrongly believe that the country is in a recession (it hasn’t been since 2020)
  • 55% believe the economy is shrinking (it is growing)
  • 49% say unemployment is at a 50-year high (it’s close to a 50-year low)
  • 58% said the reason the economy is worsening is due to Biden’s mismanagement
  • blindsight@beehaw.org
    0·
    5 months ago

    The top 10% own almost exactly ⅔ of all US wealth. (66.9%)

    No need for hyperbole when 90% of the population controls ⅓ of the wealth and the bottom 50% only controls 2.5% of the country’s wealth. (Same source as above).