Matthews: Why the public thinks the country is in recession  ...Middle East

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Matthews: Why the public thinks the country is in recession 
Reporters expressed some surprise at a recent Guardian-Harris poll revealing that 56 percent of those surveyed believe the country is in an economic recession, and that President Biden’s policies are to blame. And 49 percent believe the S&P 500 stock index is down for the year. Why doesn’t the public understand, reporters mused, that most of the macroeconomic numbers are really quite good? Biden, whose polling numbers are in the tank, has been wondering the same thing.  But average Americans, those who are not economists or vote-seeking politicians, tend to focus on a different set of numbers. Let’s call them personal economic indicators, the ones individuals and families confront dail

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