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1. Kenny Blankenship (dw2@poa.st)'s status on Wednesday, 20-Dec-2023 03:10:02 JST Kenny Blankenship
   A CNN poll from a couple weeks back found that 70 percent of people thought the economy sucked, but regime organs are still putting out Soviet tier propaganda like this.
   
   I’m increasingly of the opinion that the political class buys its own bullshit
   • BobsonDugnuttHB (bobsondugnutthb@poa.st)'s status on Wednesday, 20-Dec-2023 03:16:10 JST BobsonDugnuttHB

     in reply to

     @DW2 The only statement in the screencap that might possibly be true is the income inequality one, as they've definitely reduced the income of white households to be closer to that of blacks and mexicans.

   • Kenny Blankenship (dw2@poa.st)'s status on Wednesday, 20-Dec-2023 03:16:10 JST Kenny Blankenship

     in reply to

     • BobsonDugnuttHB
     @BobsonDugnuttHB sure but the .01% (i.e. the ones that actually hold assets) are doing better than ever
   • Griffith (griffith@5dollah.click)'s status on Wednesday, 20-Dec-2023 03:19:31 JST Griffith

     in reply to
     @DW2 Was listening to Bloomberg radio. A guy said “I see lots of people on the street here in Manhattan. The restaurants are full, the movie theaters are full. How’s it look like the consumer is doing?” Then he sent it back to the other guy who said economists are predicting a mild recession next year due to wage growth slowing hiring.
     It might be that these people worship models in part due to the big data craze. If their models aren’t showing how the economy is really doing, they have no eyes to see. They have no way to ‘check their answer’ because nothing else is as ‘objective’ and the feel on the street outside of Manhattan is just ‘anecdotal.’ They don’t believe anything except their own model so they’re boxed in.
     Kenny Blankenship likes this.
   • Kenny Blankenship (dw2@poa.st)'s status on Wednesday, 20-Dec-2023 03:19:50 JST Kenny Blankenship

     in reply to

     • Griffith
     @Griffith garbage in, garbage out
   • Benzene (benzene@poa.st)'s status on Wednesday, 20-Dec-2023 03:30:28 JST Benzene

     in reply to
     @DW2 >The economy is growing
     BITCH WHERE?!
     >Wages are up
     Not enough to keep up with inflation
     >income inequality is narrowing
     I genuinely don't know about this one
     >the fearmongering about inflation proved to be, well, wrong
     Grocery shopping proved that was a fucking lie.