The bottom half of Americans has more than doubled its net worth since 2019. You wouldn’t know it from scrolling social media.
America is doing better than you think. Your algorithm is just hiding it.
In short
The lower half of the population has achieved major financial progress that is failing to reach the mainstream consciousness. Algorithms deployed across social media platforms regularly hide these positive trends from users actively scrolling through their feeds. Because of this digital filtering, widespread perceptions regarding national economic well-being fail to match reality. In fact, the bottom half of Americans has more than doubled its net worth since 2019.
Key points
- Public perceptions of national economic well-being remain disconnected from actual financ…: Public perceptions of national economic well-being remain disconnected from actual financial progress.
- Algorithmic feeds prevent citizens from recognizing substantial improvements in household…: Algorithmic feeds prevent citizens from recognizing substantial improvements in household net worth.
- Major economic advances for lower earners are frequently masked by social media platforms.: Major economic advances for lower earners are frequently masked by social media platforms.