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Economy

WAKE UP, JOE —THE ECONOMY STINKS! Majority of Americans Believe U.S. is in an 'Economic Recession'

posted by Hannity Staff - 7.08.22

According to a new Economist/YouGov poll, the majority of Americans believe we are in an economic recession —no matter what White House Press Secretary Karine Jean-Pierre says.

“When you look at where we are economically… We are stronger economically than we have been in history. Look at the unemployment numbers, the job numbers…that’s important,” claimed Jean-Pierre.

Watch the clip below:

Americans aren’t buying it.

From Breitbart News:

Of the 1500 U.S. adult citizens surveyed, 57 percent stated “yes” when asked if they “believe the United States is currently in an economic recession,” while just 19 percent said they do not think there is a recession. Another 24 percent were unsure. Most of the respondents who reported being Republicans and independents said they believe America is dealing with a recession, at 75 percent and 57 percent, respectively. Conversely, 43 percent of Democrats said a recession is currently happening.

Just over half of Americans (51 percent) said that the “prices of goods and services [they] buy” is the “best indicator” of a recession. “The unemployment rate and job reports” was the second most popular answer, garnering 21 percent of the response. Eleven percent believe the “stock market index” is the best sign of a recession, while five percent said their “personal finances.”

Just 16 percent of Americans view the economy’s condition as either “excellent” (three percent) or “good” (13 percent), while a majority of 51 percent categorized it as “poor.” Another 29 percent viewed it as “fair.”

Back in May, Biden delivered remarks on the economic crisis, saying America has gone from “on the mend to on the move.”

“And I see — and as I see it, everything — everything across the country is — as I go across the country, our economy has gone from being on the mend to on the move,” Biden said.

“But for every worker I met who’s gained a little bit of breathing room to seek out a better-paying job, for every entrepreneur who’s gained the confidence to pursue their small-business dreams, I know that families all across America are hurting because of inflation.”

Continue reading over at Breitbart News: