US Economy – Anecdote Evidence vs CNBC talking heads


My experience last week: Fam took a vacation to Seattle, WA.

– The plane was packed. Maybe 2 empty seats

– Hotel was packed. 2 weeks prior, we had a hard time finding a hotel that had empty rooms.

– Restaurants, cafes, stores were packed

But I turn on CNBC and the talking heads are telling me the US economy is in trouble. We're headed for a severe recession by end of the year. Consumers are spending beyond their means on credit cards. People are spending 99% of their wages on food, rent and gas.

There's a major disconnect from reality. Not sure if the painting of a dark future is politically motivated, talking their book, or just sheep that look at charts to try and predict the future. Sure Seattle, WA is not Muskogee, OK…but I bet even Tulsa, OK is seeing a lot of consumer spending. Strikes me as the doom and gloom talking heads are the same ones who , in Nov 2021, prognosticated a bright 2022 with global rebound as the world reopened. Do these fucks know anything or they just read the script for that episode?


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