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Claudia Sahm: Americans Like Sharing Bad Economic News Way Too Much
The misery index was twice as high in the 1970s than it is now, yet consumers report hearing negative things about the economy at a much greater rate. Social media is partly to blame. US consumer spending surged at a 4% annual rate last quarter even after accounting for inflation– and inflation is rapidly slowing. But say anything good about
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Posted: October 30, 2023 Monday 06:00 AM