But they are not getting worse. People just don’t understand economics. They just see a number or headline that happens to align with their beliefs and then barf their ignorance into comments.
I mean, there’s that, but while there’s rough consensus that a bit of inflation is a good thing for the economy, it’s not undisputed fact, the exact target number isn’t undisputed either, neither is whether it would be a bad thing if we just had inflation way higher than that, or how to measure inflation in the first place, and the benefits to the economy don’t necessarily translate to a specific person’s situation. So it’s not necessarily just ignorance, and thus doesn’t necessarily justify condescension.
But they are not getting worse. People just don’t understand economics. They just see a number or headline that happens to align with their beliefs and then barf their ignorance into comments.
I mean, there’s that, but while there’s rough consensus that a bit of inflation is a good thing for the economy, it’s not undisputed fact, the exact target number isn’t undisputed either, neither is whether it would be a bad thing if we just had inflation way higher than that, or how to measure inflation in the first place, and the benefits to the economy don’t necessarily translate to a specific person’s situation. So it’s not necessarily just ignorance, and thus doesn’t necessarily justify condescension.