Economists Can't Understand Normal People

economists can’t understand normal people thinking the economy is bad bc the normal person standard is "does my money go as far as it used to on the goods that I need" and the economist standard is "is there a single metric I can conscientiously misrepresent to make my argument"

A screenshot of a social media post jokes that ordinary people judge the economy by whether their money buys less, while economists focus on selectively presenting metrics to support an argument. It is used as a sarcastic reaction to economic statistics that contradict everyday financial experience.

• @rzeczyzabawne / 14992 2024-02-10