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 ...
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.
-PJ
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.
Things they don't teach you in college cuz you too smart.
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.”
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.
Increasing costs coupled with stagnant wages is a real thing. Cause + effect.
-PJ
This idiot just learned a new word and wanted to use it. “portmanteau”. He’s a retardiot.
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.
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.

“ 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.
“But ordinary people are saying they’re not.”
Is this the “ordinary” people with tatoos, face piercings and rainbow colored hair?
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?
They’re the ones with tattoos...
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.
It’s at $77. Is that not down from January, when it hit $114? That’s what your graph is showing.
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
With a corporate tax rate of 21%, if he thinks it’s Federal taxes “will take all the profits”, then he’s an idiot.
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