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Part of the problem is that that “intuition” changes based on how you the ask the question and who you ask it to. A good example of this is polling that shows A
by robotcapital 2y ago
Part of the problem is that that “intuition” changes based on how you the ask the question and who you ask it to. A good example of this is polling that shows Americans as a whole believe the country’s finances will be worse off a year from now at twice the rate as their own personal finances[0]. So I’d argue that even anecdotes and intuition need to be taken with grain of salt, particularly given that it’s an election year with a polarized electorate.
[0] https://www.pewresearch.org/politics/2024/05/23/views-of-the-nations-economy-may-2024/ https://www.pewresearch.org/politics/2024/05/23/views-of-the...
- pixl97 2y ago>polarized electorate And I would add with a polarized media whos parent companies fortunes depend on which people get elected. The amount of corporate financed propaganda out there is out of control.
- robotcapital 2y agoWe’re getting off on a tangent here about here about the mechanism behind that polarization, but it reflects the broader point I was trying to make with my comment. That is to be skeptical of simplistic answer, like “economic termites” or “corporate propaganda”, to complex topics like the economy or polarization. It might imply an agenda other than seeking the truth.