US economy is doing better than Americans think
==========
President Joe Biden claimed the U.S. economy is 'literally the envy of the world' in March 2024; 46% of Americans believe the economy is worse than in January 2021; 41% rate the economy as bad or very bad; U.S. GDP increased by 2.8% in Q2 2024 compared to Q2 2023; personal income rose by $50.4 billion in June 2024; 36% think the U.S. economy is not doing as well as other major economies; IMF projects U.S. GDP growth of 2.1% annually until 2029; median household income dropped from $78,250 in 2019 to $74,580 in 2022; 45% believe the economy is heading in the wrong direction; partisan divide evident in economic perceptions; Trump supporters largely view the economy negatively compared to Harris supporters; economic views influenced by political affiliation.
#UsEconomy #Biden #Trump #Polling #Gdp #Income #Inflation #PartisanViews #Imf #EconomicGrowth
https://www.newsweek.com/us-economy-better-americans-think-1941732
Newsweek /
npub1ka…2agq5
2024-08-25 09:58:05
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wss://relay.damus.ioPublished at
2024-08-25 09:58:05Event JSON
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"content": "US economy is doing better than Americans think\n==========\n\nPresident Joe Biden claimed the U.S. economy is 'literally the envy of the world' in March 2024; 46% of Americans believe the economy is worse than in January 2021; 41% rate the economy as bad or very bad; U.S. GDP increased by 2.8% in Q2 2024 compared to Q2 2023; personal income rose by $50.4 billion in June 2024; 36% think the U.S. economy is not doing as well as other major economies; IMF projects U.S. GDP growth of 2.1% annually until 2029; median household income dropped from $78,250 in 2019 to $74,580 in 2022; 45% believe the economy is heading in the wrong direction; partisan divide evident in economic perceptions; Trump supporters largely view the economy negatively compared to Harris supporters; economic views influenced by political affiliation.\n\n#UsEconomy #Biden #Trump #Polling #Gdp #Income #Inflation #PartisanViews #Imf #EconomicGrowth\n\nhttps://www.newsweek.com/us-economy-better-americans-think-1941732",
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