There’s no such thing as public opinion; example #2178 - InvestingChannel

There’s no such thing as public opinion; example #2178



Each day I get more and more depressed about the intellectual climate in America (and the rest of the world.) How often do you see people quote polls suggesting that the public believes the economy is doing poorly, as if these polls actually meant something?

Matt Yglesias directed me to this Chris Rugaber tweet:

Most people (as individuals) are doing fine.

Most people (in aggregate) are doing poorly.

¯_(ツ)_/¯



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