"Everything is terrible; I'm fine."

Is the bad economy all in our heads?

Here is a fascinating and informative article about how many Americans say that they’re pretty much okay, but regard the economy as lamentable or worse.

Maybe it has something to do with politics, but writer Derek Thompson adds this:

Something deeper is happening. Even outside economics and finances, a record-high gap has opened up between Americans’ personal attitudes and their evaluations of the country. In early 2022, Gallup found that Americans’ satisfaction with “the way things are going in personal life” neared a 40-year high, even as their satisfaction with “the way things are going in the U.S.” neared a 40-year low. On top of the old and global tendency to assume most people are doing worse than they say they are is a growing American tendency to be catastrophically gloomy about the direction of this country, even as we’re resiliently sunny about our own household’s future.

As the song says, “Don’t worry, be happy.” Or, as Alfred E. Neuman declares in Mad Magazine, “What, me worry?”

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Filed under: Uncategorized

Tags: economy

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  • Retired last fall. Got out of IL, can’t describe how much we’ve saved compared to IL. Worked our butts off for over 45 years saved significant amount of retirement savings, though Biden’s stock market isn’t helping. Health is good. Barring medical disasters, should be OK. We’ve protected ourselves as much as possible, so yeah, life’s OK for us. But few people are in our shoes and many are living on the edge. The direction of the country is very perilous with inflation, crime, floods of illegals, etc. My mantra is, “thank god I’m the age I am because of what’s coming. Wouldn’t want to be 30 or 40 again.”

  • In reply to Got out of IL!,:

    "Floods of illegals" May I ask what you're doing about it?

  • In reply to davegorak:

    Nothing. No longer live in Lori’s sanctuary city or JB’s sanctuary state or Kim’s SJW county. No sanctuary down here, commit a crime and you’re locked up.

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