Post #76625 by wzambon on the US Policy board

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The only "fact" you stated was how people who responded to Fox's poll "felt" about the economy.

In one sense, that's a "fact"--about people's subjective emotional state. And, "consumer sentiment" is certainly a factor in economic forecasting.

Because when voters "feel bad" about the economy, they might spend less than otherwise.

But what actually matters is how much they do spend, not how they "feel about the economy."

What you say is true.

But it’s only half the truth.

The other half is that these people are also called “voters”.

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