Nearly 3 in 5 incorrectly believe US is in economic recession
mozz@mbin.grits.dev to 
fox59.com
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
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I don't know why this isn't talked about more, but the reason for the disconnect is that USA has become a petrostate. As a petrostate, the rich get wildly rich and makes the economy look good, while the citizens are fed a bunch of religion to keep them from protesting.
Yup, the megarich owns, what, 99% of the wealth? 99% of people are just negligible errors in statistics, depending on how you measure the economy.
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).
The rest of the wealth is just temporarily in transit from one rich person to another.