Thanks to FOXNews, there’s a prevailing sentiment among Republicans.

 

I’m OK, but Things Are Terrible’

If President Biden loses his bid for re-election, a key factor will be the widespread perception that the economy is doing badly on his watch. Rightwing polls rate economic conditions as very bad and giving Biden very low approval for his economic management.

The strange thing is that these bad ratings are persisting even as the economy, by any normal measure, has been doing extremely well. Indeed, we’ve just experienced what Goldman Sachs is calling the “soft landing summer.” Inflation is down by almost two-thirds since its peak in June 2022, and this has happened without the recession and huge job losses many economists insisted would be necessary. Real wages, especially for nonsupervisory workers, are significantly higher than they were before the pandemic.

But don’t confuse the sheep with facts. They have Bullshit Mountain, instead, where they get their own perception of reality. Facts be damned….