Welcome to Z-Pack:.one topic, 2 minutes - easy to consume and fast-acting ⚡️

If this is your first Z-Pack, welcome - I'm Zach.

I’m chronically online, finding out how the world works.

⬇️ Let’s get it.

🤑 The truth about your economic well-being

Man, where to start with this one.

Y’all have heard me talk already about “vibe-onomics,” but after seeing this poll, I feel further validated about people’s total inability to see beyond personal anecdotes.

I pretty much agree with Derek Thompson’s take here:

“Hottish take: I'm tired of ppl saying this is just a media failure. Of course it's partly a media failure; US media is very ideological and negative-biased.

But it's also obviously an audience failure.

~60% of households own stocks! Fidelity's website isn't negativity-biased!

I think the most generous interpretation of events is that ppl in surveys evaluate the economy (a) as being all of a piece and (b) through a partisan lens.

Because of (a), frustration about rates and prices leads to omni-negativity about everything econ-related ("whatever you ask me about, I'm just gonna say it's bad") and (b) leads to conservative respondents claiming that everything under Biden is going to hell in a hand basket.”

Also, this poll has been making the rounds on X/Twitter, showing how “for haters, there’s no time like the present.”

A couple golden nuggets from this second poll I just linked to —

• ~20% of Americans said that right now has more war than… the 40s…… when WWII happened….

• NEARLY 60% say right now is the worst economy…. more than the Great Depression.. when 25% of Americans were unemployed!!!

This is a live shot of me when I saw these polls:

Still curious?

• I’m pumped to check out this book by one of my favorite Gen Z econ writers, Kyla Scanlon, on how to make sense of the economy past the headlines (catch me ~swooning~)

  • Her newsletter is fire too

And here’s your 🔥 tweet for your day —

Thanks for taking the Pack,

Zach

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Disclaimer: This is not financial advice or recommendation for any investment. The Content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.