Politics

10177 readers

14 users here now

In-depth political discussion from around the world; if it's a political happening, you can post it here.

Guidelines for submissions:

Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
Do not post ragebait or shock stories. These will be removed.
Do not post tabloid or blogspam stories. These will be removed.
Social media should be a source of last resort.

These guidelines will be enforced on a know-it-when-I-see-it basis.

Subcommunities on Beehaw:

Socialism

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago

MODERATORS

Nearly 3 in 5 incorrectly believe US is in economic recession (fox59.com)

submitted 6 months ago by mozz@mbin.grits.dev to c/politics

42 comments fedilink hide all child comments

Fascinating little window

Almost 60% of respondents wrongly believe that the country is in a recession (it hasn’t been since 2020)
55% believe the economy is shrinking (it is growing)
49% say unemployment is at a 50-year high (it’s close to a 50-year low)
58% said the reason the economy is worsening is due to Biden’s mismanagement

you are viewing a single comment's thread
view the rest of the comments

[–] blindsight 9 points 6 months ago* (last edited 6 months ago)

The top 10% own almost exactly ⅔ of all US wealth. (66.9%)

No need for hyperbole when 90% of the population controls ⅓ of the wealth and the bottom 50% only controls 2.5% of the country's wealth. (Same source as above).