Not that economics is a credible science, but you’re conflating talking heads with economists. Talking heads exist to peddle the agenda of the elites who own them.
I hope they listen to data. Either that they gather themselves or gathered by reputable organizations. Consumer confidence index for example tries to gather the sentiment of the consumers.
data says whatever you want it to. nobody will ever make a model that is devoid of personal interest. even your example just measure how bad a product can be for maximum profit. i.e. buying ten disposables is better than one good product.
where t f people got that holy image of economists?
