Today, class, we will once again discuss “revealed preferences” The 🇺🇸 consumer, so angry about the terrible economy & Suffering From Inflation™️ that she has spent like hell over the Black Friday & Cyber Monday weekend 🧐🤔🤷‍♂️ - ThreadSky

mcopelov.bsky.social • 89 days ago

Today, class, we will once again discuss “revealed preferences”

The 🇺🇸 consumer, so angry about the terrible economy & Suffering From Inflation™️ that she has spent like hell over the Black Friday & Cyber Monday weekend

🧐🤔🤷‍♂️

Comments

manhasnoname.bsky.social•89 days ago

Are we doing the “economic anxiety” thing again?

We all know the truth.

Kamala Harris offered a progressive, inclusive future for the nation.

White America wanted no part of that.

multiotherworldly.bsky.social•81 days ago

White America swung towards Kamala (slightly).
'White America' (as a political project) is increasingly brown.

manhasnoname.bsky.social•81 days ago

Not even remotely true.

White America is not brown and it went decisively towards Trump.

crs1.bsky.social•45 days ago

I just block turnips like that out of hand

mcopelov.bsky.social•89 days ago

No, the “cost of living crisis” does not “explain everything”

katiecannon.bsky.social•89 days ago

MAGA votes to increase houshold reliance on bank loans

Because they have absolutely no idea where the 💵 in their pocket came from.

Most literally think their 💵 was printed up by their employer

mcopelov.bsky.social•89 days ago

Once again, we are about to experience the Sunniest Morning in the History of American Mornings, & consumers are spending as if the sunrise is going to be the most magnificent Sunrise you have ever seen

https://bsky.app/profile/mcopelov.bsky.social/post/3lbj22p24nr2b

mcopelov.bsky.social•89 days ago

👇

zingherpolisci.bsky.social•89 days ago

many people are saying this. Very Strongly

proudrebelscum.bsky.social•81 days ago

no eggs though

mkverson.bsky.social•61 days ago

📌

cur1ous.bsky.social•89 days ago

“Tariffs are coming” spending? :)

lynne-sails.bsky.social•89 days ago

I can personally attest to some of that. Anything but purchase you need should be bought soon...we've gotten computer components in the last few weeks. Waiting wasn't gonna get cheaper...

benalpers.bsky.social•89 days ago

In addition, polls suggest that many of the folks who claimed that the economy was terrible in the days leading up to the election have felt that it's great since the day after the election.

hammbear2024.bsky.social•89 days ago

Cottoning their suffering with vacations.

kellyh99.bsky.social•61 days ago

I studied consumer spending for large US retailers for nearly 2 decades and the what people are actually buying is always more revealing than what they say they planning to do in surveys.

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