Many think U.S. is in a recession despite strong economic data

"What are you going to believe? The economic data? Or your lying eyes?"

Dropped $157 on 3 bags of groceries today. And that was shopping the sale and using coupons. 🤦🏽‍♂️

That’s because only top corporations and the top 10% of income earners are benefitting.

I’m sure we are not that Naive as Americans. As we witness the current economic landscape, it's becoming increasingly clear that these Recessional times can pose significant financial challenges.

the elite is goin like: there are no problems!! the other 99%: i cant feed my kids!! somethings gotta give

Yea.... rich people are doing just dandy.

Yall do realize people swiping their credit cards does not equal a strong economy right?

Est. 22.4% increase in food costs… everything costs more and they blame Americans for those increases because they have the audacity to buy needs and visit family on a holiday weekend. The “economy” works for the rich.

Everyone not in the 1% yea... Duh.

Wall Street isn't Main Street, and Main Street doesn't enjoy the perks of public/private partnerships between D.C. and corporations.

My business and everyone I know is struggling…there appears to be a money crunch…not a perception.

Of course the overall economy is doing fine. The economy has our savings money, not the original owners.

Most Americans believe???! Of course they do! Everyone is living on credit and mounting debt 🙄. 14% of Americans have 100k or more in their retirement account. And that ain’t much!

You look at the prices of goods and services and you get worried. You see all the news about homelessness and you get scared.

It’s being propped up by printing money , which causes all the inflation everyone is getting crushed by

If you are earning 50K or less, this feels like a recession because of the high gas and food prices. I remember during the great recession the price of gas went below $2 dollars for just a few weeks. Demand for gas was so weak because so many people were out of work. Thus the price went down. The situation today is almost something like pick your poison. Have low prices and no job. Or have a job and have high prices. Until inflation is done...high gas and food prices will be here for awhile. Some say it's corporate greed. I used to work for an oil company. I got PAID making over 90K 15 yrs ago. The oil company was very good to me and my co-workers. The Executives were raking in literally millions of dollars per year. The oil company loved high oil prices. Is it greed? Perhaps it is greed. They will have to settle that with God.

The market trend can turn around very quickly. In fact, the indexes often switch from a bear market to a bull market when the news is at its worst and the mood of investors is at its lowest point. I read an article of people that grossed profits up to $150k during this crash, what are the best stocks to buy now or put on a watchlist?

The economy is so strong malls are closing and gas is 3 dollars + per gallon, grocery prices are high just to show how strong the economy is. Never mind the overtime that disappeared and layoffs.

We are in a depression because people can not move to better situations

They can keep happy talking but this economy sucks!