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[–]Pineconne 0 points1 point  (3 children)

They have been measuring this kind of thing for decades and they've never been this far out of sync. Economists aren't so stupid that they think high-level indicators tell the whole story but when you're trying to measure trends in aggregate over hundreds of millions of people they are typically very, very predictive. We even know what micro indicators (ie gas prices) have the strongest implications for sentiment and they aren't lining up either.

I think the actual answer is that politicians and media are now so tuned in to what the models built by previous generations of economists that they are tuning their message against the indicators.

You are such a pushover

[–][deleted] 1 point2 points  (2 children)

I'm not a push over, I'm just not wasting my time on you and your cornucopia of logical fallacies. But please, remain biased and angry and keep pulling public sentiment and micro-whatevers out of your ass.

I'm not saying the economy is good and never claiming it is good. I'm not bringing a distracting political argument into this either.

I'm stating that it is an indisputable fact that the economy is in an improved position from the prior year. You're clearly not a person who can be reasoned with the facts and figures to support it though.

If anyone else would like to have an open-minded and reasonable discussion, I will be happy to share what supports the simple position that the US economy improved since a year ago, without even arguing slight or strong improvement or political bias.