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Both of your examples presume the sentiment is justified, but that isn’t a given. How do you account for a generally poor outlook that externally influences se

Both of your examples presume the sentiment is justified, but that isn’t a given. How do you account for a generally poor outlook that externally influences sentiment despite a well functioning economy? Maybe everyone is miserable because they’re newly aware of the violence and injustice in the world generally. How is that useful when trying to understand the state of the economy specifically? It’s important to understand how people feel as a society, but this isn’t supposed to be that. How do you filter out the “noise”? We can’t really use “vibes” to determine if interest rates should go back down, for example. That would be disastrous.

throwaway5959 3y ago
Exactly, take for example this graph. https://www.pewresearch.org/politics/wp-content/uploads/sites/4/2020/02/PP_2020.02.07_views-of-economy_0-03box3.png https://www.pewresearch.org/politics/wp-content/uploads/site... The economy suddenly was awesome once a Republican was back in office, according to Republicans. Just turned on a dime.
thereddaikon 3y ago
Everyone is miserable because of interest rates and inflation. It's hitting the consumer right now and those are really obvious indicators how things are going. McDonalds costs as much as a meal at a proper restaurant did before the pandemic. That's not good.
- WendyTheWillow 3y ago
  Everyone is decidedly not miserable, and even if they were, your choice of highlighting inflation, a number that has been steadily decreasing for some time now, is curious. You act like people would finally be happy if inflation were just under some number. No. People will just find the next thing to be miserable about. That’s how people are now.
  - throwaway5959 3y ago
    People that watch Fox News/MSNBC and/or are addicted to social media.
- ModernMech 3y ago
  > McDonalds costs as much as a meal at a proper restaurant did before the pandemic. That's not good. This is not exactly true. They raised their prices, but they have a permanent 30% off coupon on their app.

throwaway5959 3y ago

Exactly, take for example this graph. https://www.pewresearch.org/politics/wp-content/uploads/sites/4/2020/02/PP_2020.02.07_views-of-economy_0-03box3.png https://www.pewresearch.org/politics/wp-content/uploads/site... The economy suddenly was awesome once a Republican was back in office, according to Republicans. Just turned on a dime.

thereddaikon 3y ago

Everyone is miserable because of interest rates and inflation. It's hitting the consumer right now and those are really obvious indicators how things are going. McDonalds costs as much as a meal at a proper restaurant did before the pandemic. That's not good.

WendyTheWillow 3y ago
Everyone is decidedly not miserable, and even if they were, your choice of highlighting inflation, a number that has been steadily decreasing for some time now, is curious. You act like people would finally be happy if inflation were just under some number. No. People will just find the next thing to be miserable about. That’s how people are now.
- throwaway5959 3y ago
  People that watch Fox News/MSNBC and/or are addicted to social media.
ModernMech 3y ago
> McDonalds costs as much as a meal at a proper restaurant did before the pandemic. That's not good. This is not exactly true. They raised their prices, but they have a permanent 30% off coupon on their app.