this post was submitted on 23 May 2024
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[–] Crashumbc@lemmy.world 26 points 3 months ago (1 children)

Only rich people and corporations are doing well.

EVERYONE ELSE is in a fucking recession...

[–] Blackbeard@lemmy.world 8 points 3 months ago (1 children)

A majority of Americans say that their own personal finances are doing well, and even when the question is expanded to their whole state, voters say the economy has improved.

Then from the source itself:

60% said their financial situation is good or excellent.

[–] Crashumbc@lemmy.world 9 points 3 months ago* (last edited 3 months ago) (1 children)

Read your own source, it is a year old, and 51% said the economy was getting worse. Only like 30% said it was good or excellent...

[–] Blackbeard@lemmy.world 5 points 3 months ago* (last edited 3 months ago)

Damn, I didn't even realize OP's article was sourcing a 2023 poll. Well here are the updated numbers for 2024:

63% of Americans rate their current financial situation as being "good," including 19% of us who say it's "very good."

Exactly half (50%) say their personal financial situation is excellent or good

U.S. adults scored a 48.92 on our financial well-being scale

This source puts low income consumer confidence at 57.1%

68% of respondents saying the current quality of their financial life is what they expected or better

So overall the numbers haven't changed much since 2023 on how people see their own personal finances. Your point that, despite that, they still think the economy is getting worse just reiterates what the article is saying. For some people their finances are bad and they think things are getting worse. For some people their finances are good ant they think things are getting better. But strangely, for some people their finances are good but they still think things are getting worse. Or, to put it another way, some people think they're in good shape, but the economy is in bad shape, which is a pretty weird disconnect. And the number of people in that last category is not small.