The Atlantic Monthly
Januray - February, 2004. Pages 110-112.
That is although one could in theory deduce America's exact sense of its economic well-being at any given moment by extrapolating from each citizens income and expenses, a kind of aggregate national answer to the question..., that would provide only an indirect and backward-looking measure of the economys real strength.
The true condition of the economy is best seen not as a snapshot of individuals circumstances but as the movement of deeper forces through time; economists look back for measures of what has already happened and then use various logical assumptions to project what will happen in the future.
In fact, there is a wide gap between how most people feel the economy in general is faring (poorly) and how they feel they themselves are doing (quite well)."
A poll conducted by the Gallup Organization in August
|per cent||question or response to:||evidence|
|rated the financial well-being of average citizens||as fair or poor|
|employment situation rated||as poor or only fair|
|employment situation rated||as poor|
|of those then working were fearful of being out of a job||laid off|
Another recent poll, by the Pew Research Center
|per cent||question or response to:||response|
|I am pretty well satisfied with the way things are going for me financially||disagreed with|
|meaning||The percentage since 1987 has only been lower three times in twelve.|
World view. or weltanschauung:
The problem of worldviews is an analytical construct that deals with a difference between the real and the perceived to be, by encompassing both shared beliefs and observations from experience.
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