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You know, there is a technical definition of a recession, and even if someone were to memorize that definition, they’d have to understand some concepts to reall
by Kon-Peki 2y ago
You know, there is a technical definition of a recession, and even if someone were to memorize that definition, they’d have to understand some concepts to really know what it means. At least 90% of American adults can do this.
But nobody that is taking a survey is going to ensure that every respondent understands the concepts before asking their questions.
So this is more like 3 in 5 Americans feel like we’re in a recession according to their own feelings of what a recession is supposed to look and feel like. And you know what - if you aren’t upper middle class or above, it probably does feel really shitty right now.