Exclusive Harris poll for the Guardian shows 55% believe economy is shrinking, in troubling sign for president’s re-election bid

cross-posted from: https://lemmy.world/post/15676201

Nearly three in five Americans wrongly believe the US is in an economic recession, and the majority blame the Biden administration, according to a Harris poll conducted exclusively for the Guardian. The survey found persistent pessimism about the economy as election day draws closer.

The poll highlighted many misconceptions people have about the economy, including:

  • 55% believe the economy is shrinking, and 56% think the US is experiencing a recession, though the broadest measure of the economy, gross domestic product (GDP), has been growing.

  • 49% believe the S&P 500 stock market index is down for the year, though the index went up about 24% in 2023 and is up more than 12% this year.

  • 49% believe that unemployment is at a 50-year high, though the unemployment rate has been under 4%, a near 50-year low.

  • retrospectology@lemmy.world
    3·
    1 month ago

    Best bet is to try and support politicians based on the money they take during their campaign. It’s the only real way to distinguish Democrats masquerading as “left leaning” with nice soeeches and rhetoric and ones who actually are.

    I always plug opensecrets.org for that since it makes it pretty easy to just go to the campaign finance section, search a politician and see exactly where the majority of their funding comes from. Those are the groups they’re going to try and please. It’s why people like Sanders and AOC are free to actually speak the truth for the most oart, they’re only behokden to the normal people who fund their campaigns with small donations.

    Opensecrets also gives a lot of good information that breaks down how to effectively research campaign finance.

    Money always tells the truth.