I am sick of people saying we are when all the statistics say the opposite.
Look unemployment still near historic lows.
African American unemployment (usually a recession bellwether) still near lows.
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Wage growth only this past month slipped blow the inflation rate, unsurprising with Iran going on
Markets doing well, despite Iran
all this in a flattish interest rate environment
- Reality is the recession is tech sector thing, and only if you pull AI spend out. The rest is manufactured media driven mirage. The facts are the economy is good, maybe even very good, unless you are only looking at the gas station signs or have an easily automated mid-level tech job. If you really don't trust the numbers coming out the BLS because TDS or something just look at how Democrats are polling nationally at a lousy +3 when the opposition party usually looks at lot better, and in this case would be expecting to be over polling due to Iran.. The reality American's are feeling good and pretty secure as long as you don't color the conversation by starting out with "with gas so expensive.."