🇺🇸📊 59% of Americans wrongly think the U.S. is in a recession, report finds
The U.S. economy has remained remarkably strong even amid persistent inflation and high interest rates.
And yet, 59% of Americans falsely believe that the U.S. is currently in a recession, according to a recent survey of 2,000 adults by Affirm in June.
Citing higher costs and difficulty making ends meet, most respondents said they think a recession started roughly 15 months ago, in March 2023, and could last until July 2025, Affirm found.
Officially, the National Bureau of Economic Research defines a recession as "a significant decline in economic activity that is spread across the economy and lasts more than a few months." The last time that happened was early in 2020, when the economy came to an abrupt halt.
Still, regardless of the country's economic standing, many Americans are struggling in the face of sky-high prices for everyday items, and most have exhausted their savings and are now leaning on credit cards to make ends meet.
Economists have wrestled with the growing disconnect between how the economy is doing and how people feel about their financial standing.
We're in a 'vibecession'
We're in a "vibecession," Joyce Chang, JPMorgan's chair of global research, said at the CNBC Financial Advisor Summit in May.
IN 2006, RESEARCHER CLEVE BACKSTER — THE MAN WHO INVENTED THE CIA'S LIE DETECTOR PROTOCOLS — PUBLISHED 36 YEARS OF EXPERIMENTS PROVING THAT PLANTS, BACTERIA, AND HUMAN CELLS IN PETRI DISHES RESPOND INSTANTANEOUSLY TO HUMAN THOUGHT AND EMOTION — EVEN AT DISTANCES OF HUNDREDS OF MILES. THE SIGNAL IS FASTER THAN LIGHT. IT DOES NOT DIMINISH WITH DISTANCE. IT IS NOT ELECTROMAGNETIC.
In 1966, Cleve Backster was the world's foremost expert on polygraph technology. He had developed the interrogation techniques used by the CIA, FBI, and U.S. military. He understood galvanic skin response — the electrical conductance of biological tissue — better than anyone alive.
One morning, on a whim, he attached polygraph electrodes to a Dracaena plant in his office. He watered it and watched the tracing. Then he thought: "I wonder what would happen if I threatened this plant." He decided to burn a leaf with a match.
The instant he formed the intention — before he moved, before he lit the match, before any ...
Kennedy Starts a Push to Help Americans Quit Antidepressants
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