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Bidenomics

Today, Explained

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Public Perception of Economic Recession and Inflation

47% of people believe the US is currently in an economic recession, according to a poll by economist Ugov. Rising prices and inflation contribute to this pessimistic perception. The author questions whether this pessimism is justified or fair, and discusses the narrative that Americans' frustrations about the economy are fundamentally irrational. However, positive indicators exist, leading to legitimate debate on the state of the economy.

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