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The ‘boomcession’: Why Americans feel left behind by a growing economy
CNBC ^ | 02 18 2026 | Alex Harring

Posted on 02/18/2026 7:04:21 AM PST by yesthatjallen

-The U.S. economy could be in a “boomcession.”

- A portmanteau of the words “boom” and “recession,” the term can help explain why many Americans don’t feel the economic growth appearing on paper.

Welcome to the “boomcession.”

The term is a portmanteau of the words “boom” and “recession.” It highlights how the average American doesn’t feel like they’re reaping the benefits of an economy that is — on paper — humming along, according to creator Matt Stoller.

Economic output and the stock market are surging, consumers are spending big and the post-pandemic recession that many expected never materialized. But many feel terrible about their finances, with debt at all-time highs, and the majority of Americans incorrectly believe the country is in an economic slowdown.

“Traditionally, the economy is doing really well,” said Stoller, an antimonopoly advocate and research director at the American Economic Liberties Project, a nonpartisan thinktank. “But ordinary people are saying they’re not.”

SNIP

(Excerpt) Read more at cnbc.com ...


TOPICS: News/Current Events
KEYWORDS: boomcession; economy; inflation
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To: Wayne07

Car prices are just plain silly now. Base prices have soared, smaller models are being dropped from production, and options are being piled onto every unit.


61 posted on 02/18/2026 8:47:25 AM PST by Miami Rebel
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To: econjack
And it discourages the person who's making french fries from aspiring to become the franchise owner in the future, if he believes the politicians will take all the profits once he gets there.

-PJ

62 posted on 02/18/2026 8:49:01 AM PST by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: gibsonguy

And it begins😂😂😂😂

Now the media is seeing the writing on the wall.

The rush to mitigate a strong economy is on.

The main reason folks “feel” poor is because they do not have strong budgetary discipline, self control or personal accountability and survive on credit. Their mistakes are always someone elses predatory practices.


63 posted on 02/18/2026 8:49:14 AM PST by MrRelevant
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To: spintreebob
One Drive Thru Starbucks coffee every day will cost you $60,000 over 20 years, compared to brewing your own at home and using a thermos. For a married couple, that's $120,000.

Things they don't teach you in college cuz you too smart.

64 posted on 02/18/2026 8:49:42 AM PST by blackdog (The philosophy of the schoolroom in one generation will be the philosophy of government in the next.)
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To: Miami Rebel

The Ford CEO says “things look great. Average new car loan is $850 monthly, and term of eight years, so we see nowhere to go but up.”


65 posted on 02/18/2026 8:53:20 AM PST by blackdog (The philosophy of the schoolroom in one generation will be the philosophy of government in the next.)
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To: Miami Rebel

As for RCP it has always been negative and literally the best it ever showed since 2010 was after Biden was elected. This is because the majority of the pollsters always thumb the scale for democrats.

Now Rasmusen does give me pause but even at that we are mid cycle and back to “day to day” life and the trend of the “Direction of the Country” poll has always been negative.

At the same time the polling for democrats specifically has never been worse, you can verify this by the massive shift on immigration where 0bama and Hitlery both have shifted in faint support of immigration control.

So not sure how to square those circles.


66 posted on 02/18/2026 8:55:46 AM PST by Skwor
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To: yesthatjallen
30 - 50 million illegals are still here, requiring housing, schooling, medical, food, accommodation and more. If they work, they are suppressing the pay scale. Their need for housing contributes to shortages and spiking prices. Their need to eat pressures the supply and impacts pricing. Their mere presence here impacts the census, which EMPOWERS politicians who derive office due to the number of illegals.

Increasing costs coupled with stagnant wages is a real thing. Cause + effect.

67 posted on 02/18/2026 8:58:33 AM PST by Sgt_Schultze (When your business model depends on slave labor, you're always going to need more slaves.)
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To: Skwor
They probably haven't filed their taxes yet, waiting until April 15. They'll probably be getting more back than they expected, since the BBB tax cuts were retroactive back to last January.

-PJ

68 posted on 02/18/2026 9:00:13 AM PST by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: yesthatjallen

This idiot just learned a new word and wanted to use it. “portmanteau”. He’s a retardiot.


69 posted on 02/18/2026 9:04:00 AM PST by HYPOCRACY (Wake up, smell the cat food in your bank account. )
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To: Joe 6-pack
The Bureau of Labor Statistics and the Federal Reserve Bank of St. Louis both say that real wages have been going up for some time and still are:

https://www.bls.gov/news.release/realer.nr0.htm#:~:text=Production%20and%20nonsupervisory%20employees%20Real,-U%20and%20CPI-W.
https://fred.stlouisfed.org/series/LES1252881600Q

But I understand that this doesn't apply for everyone and that people only really care about their own situation and not everyone else's situation.

70 posted on 02/18/2026 9:06:06 AM PST by jpl ("You are fake news.")
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To: blackdog

Because they make incredibly stupid choices in how they spend their money?..................

You win the giant teddy bear. There is a family in our community who are earning about $80,000 a year yet are behind on payments, credit cards maxed out and whining about prices. Of course, they are making payments on about 150,000 worth of aultomobiles, a not too shabby house and frequent my brother in law’s saloon.

My wife and I got debt free and live on about 60K retirement incoome. We have the money to go places, do things and buy what we want but there are no CC balances carried over and money still goes to savings/investment each month. In the last 6 months, our grocery bill has DECREASED by about $50 a week and we eat well.


71 posted on 02/18/2026 9:06:25 AM PST by Lion Den Dan ( )
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To: Kleon
My Silver is down.


Thanks for letting us all know you’re an idiot or a liar, or both.
72 posted on 02/18/2026 9:07:32 AM PST by Apparatchik (Русские свиньи, идите домой)
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To: MrRelevant

“ The main reason folks “feel” poor is because they do not have strong budgetary discipline, self control or personal accountability and survive on credit.”

People lost 20-25% of purchasing power from 2020-2025. A person’s income would have to have increased 25% AFTER TAXES just to stay even. That’s why people feel poorer, because most people don’t make 30-35% more now vs then.


73 posted on 02/18/2026 9:09:27 AM PST by VanShuyten ("...that all the donkeys were dead. I know nothing as to the fate of the less valuable animals.”)
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To: yesthatjallen

“But ordinary people are saying they’re not.”

Is this the “ordinary” people with tatoos, face piercings and rainbow colored hair?


74 posted on 02/18/2026 9:10:49 AM PST by Valpal1 (Yes, I did vote for this!)
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To: gibsonguy

I’m old and on S.S., but not in debt. My economy is not booming, but I do have checking accounts for paying the bills. I see the problem as ever-increasing prices & many on products that I would consider as being previously over-priced. Inflation may be lower than it was, but still continues on just about everything. It seems to come down to gov’t. spending, some of which must come down as “completely unnecessary”. Inflation needs to come to a standstill & that seems to be where the real problem lies. If it were so, maybe consumers could catch up. What does it take to produce zero inflation ,even for a short time?


75 posted on 02/18/2026 9:12:45 AM PST by oldtech
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To: bobbo666

They’re the ones with tattoos...


76 posted on 02/18/2026 9:15:24 AM PST by Does so (☞"For English, press 2"...Dem☭¢rats)
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To: ByteMercenary

My husband replaced ours himself for around 6K. He then paid a professional $600 to inspect his work before turning it on because we went from electric to gas.


77 posted on 02/18/2026 9:17:53 AM PST by Valpal1 (Yes, I did vote for this!)
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To: Apparatchik

It’s at $77. Is that not down from January, when it hit $114? That’s what your graph is showing.


78 posted on 02/18/2026 9:21:32 AM PST by Kleon
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To: Zathras

I have family that bought into that.
Talking about how they were going to work for a nonprofit with the smuggest of smug looks.
Ten years and 6 different jobs later and still it’s the boss’s fault


79 posted on 02/18/2026 9:25:56 AM PST by freedomlover
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To: Political Junkie Too

With a corporate tax rate of 21%, if he thinks it’s Federal taxes “will take all the profits”, then he’s an idiot.


80 posted on 02/18/2026 9:29:09 AM PST by econjack
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