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throwbadubadu | 1 year ago

Yeah, at the same time:

https://www.manager-magazin.de/unternehmen/volkswagen-chef-d... "Germany much better than the picture painted"

https://www.deutschlandfunk.de/arbeitslosenquote-im-euroraum... "Unemployed rate at its lowest in the EU"

Similarly, in the US: https://www.theguardian.com/us-news/article/2024/may/22/poll... "Majority of Americans wrongly believe US is in recession"

We wouldn't be where we are with right-wing votes if we wouldn't have this much panic pessimistic breaking news everywhere I feel. There are definitely more perspectives. (And yes I know, unfair distribution plays also a huge part in very different perspectives..).

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ozim|1 year ago

One company I worked for was always „in recession” especially when you asked about salary increases.

rqtwteye|1 year ago

Mine too! Stock is up, CEO pay is up, but the business environment is very difficult when you ask for a raise c

snowpid|1 year ago

is there any reason why this post is voted down?

dailykoder|1 year ago

because of the 'panic pessimistic breaking news everywhere', I guess. Somehow people want to believe that it's all really THAT bad and not that we are managing those hard times quite okay-ish

itsoktocry|1 year ago

>is there any reason why this post is voted down?

Because it presumes the only reason people are voting "right-wing" is because they are reading "doomsday news". Versus, you know, disagreeing with the way the "left wing" have been running things.

Not sure why the left are going with "You're not poor, look at these charts" as a political strategy, but unsurprisingly, people aren't buying it...the world over.

redeeman|1 year ago

you think people that "incorrectly believe the US is in recession" go by doomsday news? they look at their pocket when buying groceries, they looked at the glorious effects of bidenomics on their own life, and how it has been made that much harder, and form their opinions. When the talking heads on TV bask in how great the economy is, they speak from a position where their insider-trading fueled gains are so far away from the world of normal people that they barely could even point to a "normal person" if they were dumped in the middle of a crowd of them

lkramer|1 year ago

I am not American, and I don't know all the finer details, but weren't a lot of the inflation issues post covid a direct result of Trump's unrestrained borrowing even in a growth economy, all in the name of keeping the stock markets growing as your primary indicator of economic success a big factor?

Certainly looking at the UK economy, I can trace back the source of our current problems well beyond the current election cycles even if the incompetence of the current government has not helped.

soco|1 year ago

The point was about Germany where the pet theory of failing bidenomics simply does not apply. Recession or not, call it as you want but the prices for the regular guy did increase a lot lately.

lyu07282|1 year ago

I agree to some extend, economists measure how well the richest oligarchs are doing, never how much normal people are struggling. But to single out Biden suggests to me that delusion that Trump would somehow do better or is somehow less out of touch?

User23|1 year ago

In the US the term recession has no specific definition. So whether or not we’re in one doesn’t mean much.