Re:U.S. GDP grew at a 4.9% annual pace in the third quarter,...
by matthewdgreen on Thursday October 26, 2023 @10:46AM
(#38026291)
>If a bunch of people think the economy's not doing well, that seems like a pretty strong indication that it in-fact is not
People radically misreport this stuff for political reasons. "The economy is doing well" numbers will change radically in a week when a different party takes the White House, typically in a purely partisan fashion [1]. The economy didn't get better in that week, it's just that people "feel" differently about things when their preferred (resp. disfavored) candidate takes office.
People radically misreport this stuff for political reasons. "The economy is doing well" numbers will change radically in a week when a different party takes the White House, typically in a purely partisan fashion [1]. The economy didn't get better in that week, it's just that people "feel" differently about things when their preferred (resp. disfavored) candidate takes office.
[1] https://news.gallup.com/poll/1609/consumer-views-economy.asp...