Nearly 3 in 5 incorrectly believe US is in economic recession - eviltoast

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
  • ranandtoldthat@beehaw.org
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    5 months ago

    Wait. Neoliberalism is literally a set of fiscal practices that that online folks refer to as late-stage capitalism. They’re practically identical in meaning. Without neoliberal policy, the phrase “late-stage capitalism” likely never gets coined.