Americans are not stupid, the number one indication of a good economy is how much they can purchase with their cash. The survey from The Economist/YouGov and article from Axios:
A new poll is the latest sign that while jobs numbers are good and the stock market may be at an all-time high, Americans are overwhelmingly grading the economy by the price they see on the shelves.
Political party breakdown: 40% of Democrats said this was the best indicator, while 73% of Republicans said the same.
The intrigue: Prices paid hasn’t always been the top indicator of choice. When YouGov asked the question in August 2020, 44% picked the unemployment rate (while 25% chose costs).
Axios Closer
By Courtenay Brown ·Dec 13, 2021