Nearly half of Americans are completely and utterly wrong. The economy is not in a recession by any measure. Not even close. However, a CNN poll says 46% of Americans think we are. Why?
I can think of three reasons:
The educational: Americans don’t know what the word “recession” means.
The conspiratorial: The media has done such a good job at painting a bad economic picture that people believe it.
The political: In spite of knowing that we’re not in a recession, poll respondents with an anti-Bush sentiment claim that we are just because they can’t admit to anything going right while Bush is President.
What do you think?