LogFAQs > #980507709

This is the point where people usually blame Dems on bad messaging.

But Biden made the economy a big part of his SotU address. He's given interviews blasting Greedflation, and he and the Dems tried to tackle price gouging. Never mind putting the rich on blast.

At this point, people are just stupid. Even "groceries prices up brrrrr" has already been addressed by Biden and the Dems. But if this narrowminded attitude is all it takes to doom and gloom, then we may just be fucked as a society.

Doe posted...

So what is making people think there's a recession if there's not? There could be a disconnect between actual definition of recession and how Americans judge whether we're colloquially "in recession"

As far as I can tell, it's just inflation/greedflation.

Unemployment is at record lows. Wages have been on the rise (albeit not fast enough, but this has been a problem for decades). Unions are getting stronger for the first time in decades. The stock market is quite strong, not that that means anything. And inflation has dramatically shrunk. The cost of eating out and other things has starkly increased, but again, this is companies using inflation as a cover to raise prices. Nothing to do with any government.