Smith: Economic Sentiment Is Driven By Presidential Approval Rather Than Data
Noah Smith · a16z Podcast | Adjusting to Trade... and Innovation · Jan 2, 2019 · at 29:27
Noah Smith explains why public perception of economic health often contradicts positive labor statistics.
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“A lot of people are just thinking politically, and when you ask them, how's the economy, they think, do I like the president?”
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