On social media, everything from Lady Gaga to knee-high Converse sneakers is a ‘recession indicator’
- Social media currently highlights signs of a possible recession amid low consumer confidence and economic uncertainty in 2025.
- Following the Great Recession, which spanned from 2007 to 2011, more than 50% of U.S. Households experienced a reduction of at least 25% in their total wealth.
- Humor and memes about recession indicators, like the men's underwear index coined by Alan Greenspan, serve as ways people cope with economic worries.
- Sociologist Dustin Kidd explained that phrases like "all you can do is laugh" reflect our tendency to use humor to face tough economic situations.
- These humorous signals may influence real economic behavior and underscore widespread anxiety, suggesting that the fear of recession could become a self-fulfilling prophecy.
17 Articles
17 Articles
Recession Indicator Memes Are Getting Too Real
Recession indicator memes are everywhere, pointing to everything from office wear at the club to Lady Gaga’s return to pop music as signs of looming economic doom. But with the stock market sinking and tariffs piling up, the jokes are starting to hit closer to home. In this episode, KQED community reporter Carlos Cabrera-Lomelí joins Morgan to unpack how the memes might be fueling the very recession they joke about. We also hear from USC public p
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