Here, I should’ve included them in the previous comment.
- https://www.axios.com/2023/08/18/americans-economy-bad-personal-finances-good
- https://fortune.com/2024/05/30/economy-personal-finance-consumer-confidence-inflation-unemployment-jobs/
- https://www.axios.com/2024/01/17/americans-are-actually-pretty-happy-with-their-finances
This was also quite telling:
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Thanks for the links! I’m having trouble finding the exact questions asked, but when I look at the graph on this article: https://www.axios.com/2024/06/03/americans-finances-us-economy-outlook-divide
It says on the legend “Own finances (doing at least OK)” and “National economy (good or excellent)”. This is subjective, of course, but the bar for “OK” seems a lot lower than “good”. If someone asks how I’m doing and if things are going bad but I don’t want to burden them with my concerns, my go-to is “OK” or “fine” but never “good”. Simply feeling like I’ll get by is enough for “OK” but that doesn’t necessarily mean I’m optimistic. This would explain the entire world locking down but personal feelings of finance remaining pretty steady except for a bump UP after massive financial stimulus before a dip back down as greedflation gobbled that all up and then some.
As for misinformed views, those will be influenced by whoever is in power. Assuming the economy remains steady (which is a shaky assumption given many factors), I’m sure the same poll done again would have strong democrat and republican supporters swap their sentiments even though the underlying didn’t change.
As for misinformed views, those will be influenced by whoever is in power.
The point is that Dems generally have more accurate assessments of what’s actually going on. Republicans are notoriously conspiratorial and misinformed and only getting worse. Even with republicans in power, you won’t see such misaligned views from the left.
