Public Perception of Economic Recession and Inflation

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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.

A lot of Americans are still feeling iffy about the economy, but Joe Biden’s so proud of how things are going that he’s stuck his name on it. The Washington Post’s Jeff Stein explains “Bidenomics.”

This episode was produced by Miles Bryan, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Michael Raphael, and hosted by Noel King.

Transcript at vox.com/todayexplained

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