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Topic | Majority of Americans wrongly believe US is in recession |
David1988 05/22/24 5:15:21 PM #87: | That says more about how the government chooses to crunch numbers more than American peoples misestimation of how bad the economy is for the average person. They can change the parameters of the unemployment statistic is measured for instance so it looks prettier than it actually is, and I believe they actually did that during the Regan administration. Im sure many other metrics are tinkered with for the numbers to look pretty, its like a company that does funny things with their balance sheet to impress shareholders.
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