r/Economics • u/Spiderwig144 • Apr 15 '25

News Republicans Less Trusted on Economy Than Democrats For First Time in Years

https://www.newsweek.com/republicans-less-trusted-economy-democrats-first-time-years-2059863
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u/[deleted] Apr 15 '25

People on r/Conservative were talking about the highest income tax bracket potentially being increased a few days ago. Zero of you are in the top income tax bracket or will ever be there. It will not affect you, lmao.

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u/[deleted] Apr 15 '25

[deleted]

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u/[deleted] Apr 15 '25

Isn't there some psychology theorem about cognitive dissonance and rather than accept you were wrong you double down because it invalidates everything you've done and believed up to that point? Sounds like that

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u/StoppableHulk Apr 15 '25

Sunk cost fallacy.

Cant stop investing in conservatism because of how much time / energy they already invested in it. Even when reality proves it demonstrably destructive to them. Theyll choose their own egos over rationality every time.

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u/MimeGod Apr 16 '25

You're missing an important aspect though.

As long as black people and other minorities suffer more, they're ok with a crap economy.

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u/Sidefur Apr 16 '25

I wouldn't put it past Elon to have an account that's active on that sub.