Anthony Profile picture
Feb 28 12 tweets 19 min read
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

You just have to love articles like this. The title will tell you that the reason is "worry about recession", but there is no actual evidence...
msn.com/en-us/money/ma…
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

...that is truly the reason.

" 'Consumers MAY be showing early signs of pulling back spending in the face of high prices and rising interest rates,' said Ataman...
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

...Ozyildirim, senior director of economics at the board."

But we are speaking about run of the mill economists here that regularly get things wrong.
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

"The closely followed index slid 3.1 points from 106 in January, the Conference Board said Tuesday.

Economists polled by The Wall Street Journal had forecast the...
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

...index to rise to 108.5."

So what does this survey actually consist of?
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

"CCI Survey

Each month The Conference Board surveys 5,000 U.S. households.
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

The survey consists of five questions about the following:

Present Situation Index

Respondents’ appraisal of current business conditions
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

Respondents’ appraisal of current employment conditions

Respondents’ expectations regarding business conditions six months hence
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

Respondents’ expectations regarding their total family income six months hence
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

Survey participants are asked to answer each question as 'positive,' 'negative' or 'neutral.' "
investopedia.com/insights/under…
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

Nothing about their reasons for feeling or doing so. Maybe some of them are just being real about what Consumerism leads to and opting out.
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

But that doesn't fit well with the Status Quo narrative so just ignore that.

msn.com/en-us/money/ma…

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More from @Ciotti001

Mar 2
#GoWokeGoBroke #emergencyalert #GOPClownShow #ReadAcrossAmericaDay #MurdaughTrial #WorldBookDay #thursdaymorning

"Despite the scientific warnings, governments have never met a UN biodiversity target they have set for themselves and there is a major...
theguardian.com/environment/20…
#GoWokeGoBroke #emergencyalert #GOPClownShow #ReadAcrossAmericaDay #MurdaughTrial #WorldBookDay #thursdaymorning

...effort to make sure this decade is different."

And that was pretty much the very first thought I had after I read the subhead.
#GoWokeGoBroke #emergencyalert #GOPClownShow #ReadAcrossAmericaDay #MurdaughTrial #WorldBookDay #thursdaymorning

Really, every mark set by the #ParisAgreement has been missed... and those were only band-aid marks, not even measures that actually had teeth.
Read 7 tweets
Feb 28
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

"Money doesn’t buy happiness. Neither does materialism: Research shows that people who place a high value on wealth, status, and stuff are...

psychologicalscience.org/news/releases/…
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

...more depressed and anxious and less sociable than those who do not. Now new research shows that materialism is not just a personal problem. It’s also environmental."
#biology #iwasanenglishmajor #Lightfall #RareDiseaseDay #studentloanforgiveness #LevelUp2023 #TuesdayThoughts

"The findings have both social and personal implications, says Bodenhausen. “It’s become commonplace to use CONSUMER as a generic term for people,” in the news or...
Read 5 tweets

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