There's a lot of debate over the true state of the economy, but it seems that, one way or another, pessimism abounds.
Consider, the top voted comment on an article about how good the economy is a disagreement.
I wonder how many of the negative effects of an actual bad economy can also be caused by widespread pessimism? Is it better to have a bad economy filled with happy optimists, or a good economy filled with unhappy pessimists?
It’s tied to politics. If your team isn’t in power was just voted out then the economy sucks or is teetering on the brink of disaster. However, if your team is in power or just voted in then things are looking great or will turn around soon.
Consider, the top voted comment on an article about how good the economy is a disagreement.
I wonder how many of the negative effects of an actual bad economy can also be caused by widespread pessimism? Is it better to have a bad economy filled with happy optimists, or a good economy filled with unhappy pessimists?