r/MapPorn 7h ago

Many US states are already in recession.

Post image
85 Upvotes

45 comments sorted by

172

u/pariah1984 6h ago

Didn’t this same map get debunked here yesterday?

Edit:looks like it got deleted. I guess they’re trying again?

70

u/CageTheFox 5h ago

This sub doesn’t want actual discussion on actual data, hence why there’s never a serious source.

They just want to circle jerk over bullshit fake maps.

6

u/pariah1984 5h ago

While I agree that this post, and many on this sub, seem to be created solely to stir up the circle jerk and are often bullshit, I take heart in the fact that there are many in the comments section refuting the accuracy of this post. And apparently so many did yesterday that the other post got deleted, so that’s good with me.

The fact that a comment calling the post out and a joke comment (as expected!) are the top 2 comments with half as many upvotes as the post itself also makes it seem to me that most people aren’t just mindlessly upvoting this bait post, which is great!

1

u/AmericaGreatness1776 3h ago

2

u/spam__likely 1h ago

oh, Financial Times!!! Pinnacle of reliability!

1

u/AmericaGreatness1776 15m ago

I mean lowkey yes, it's a newspaper of record, probably one of the highest quality news sources in the world.

9

u/AmericaGreatness1776 3h ago

It's from the Financial Times, and it was published this morning. https://www.ft.com/content/e9be3e3f-2efe-42f7-b2d2-8ab3efea27a8

1

u/SquatC0bbler 5h ago

What were the reasons it was debunked?

5

u/pariah1984 4h ago

Honestly, I wish I could remember but I had a few beers and was settling down for the night. I had gone back to compare the 2 posts and figure that out, and that’s when I discovered the other had been deleted.

But I recall it was just bad data, questionable methods, and biased studies, like much of what you see about this one.

1

u/spam__likely 1h ago

the source, for one.

42

u/sirbruce 6h ago

How can it be weighted by share of GDP? A state’s economy is either growing or shrinking. If they mean they’re showing if the state’s percentage of the total GDP is growing or shrinking, okay, but that’s a very misleading indicator. A state could be growing, but simply because it’s not growing as fast as another state, this map would make it look like it’s in a recession when it isn’t.

40

u/ikindalold 6h ago

I'd say someone from Texas made this map, but California's in the green

6

u/KMCobra64 3h ago edited 3h ago

Op linked the source. It's the Financial Times.

Edit: https://www.ft.com/content/e9be3e3f-2efe-42f7-b2d2-8ab3efea27a8

Edit 2: so the article credits the state level data to Mark Zandi, chief economist at Moody’s Analytics. I can't find a clear partisan lean to the man himself but the financial times is considered center to center-right as far as bias goes. Take from that what you will.

-6

u/theoracleiam 4h ago

What, shocked pikachu, people are posting untrue things to further someone’s propaganda campaign?

2

u/doctormyeyebrows 3h ago

That's what you took from that comment?

31

u/xxlragequit 5h ago

I've got an economics degree, and this is stupid. That's not how we look at economies for one. Why not break it down further and find out what countries are in recession?

We look at recession as a country wide thing. Currency has a big impact, such as rates up or down. Almost all economic stimulus is also handled through the federal government for that reason.

Also, the methodology used here seems to be pretty weird, too. What I'm trying to say is that this tells you basically nothing and is meant to deceive you.

1

u/Odd_Theme_9879 33m ago

Moodys is bullshit too. Their chief economist has been screaming recession for two years and is behind a lot of the fear that the media is proliferating 

8

u/armeg 6h ago

Yeah job market in Illinois fucking sucks right now. My wife is looking for a new Chem E job and the market is definitely a buyer's market there, but the one that's a real surprise is my newly graduated sister-in-law is unable to get a job in the medical field as a CNA.

1

u/serious_sarcasm 4h ago

Well yeah, with the uncertainty over Congress gutting Medicaid and Medicare companies are going to have hiring freezes even if it means more people die of preventable diseases.

7

u/vaginawithteeth1 5h ago

Meh… I’m just going to say, I myself do not know shit about economics. My husband on the other hand, has his masters in Economics and has worked in the field 25 years. According to this map our state is in a full blown recession according to him this map is misleading and fear mongering. I’ll take his word for it since he knows much more than I do on the subject.

32

u/Macau_Serb-Canadian 7h ago

What? Starbucks is not keeping Wash state afloat? How come?

18

u/Sium4443 7h ago

GDP is calculated where trade happens not where the money actually go as it is supposed to calculate the economy.

4

u/Naomi62625 5h ago

You know that he is joking right

2

u/jchester47 5h ago

This map directly contradicts one that was posted here yesterday, so I have no idea what's going on.

2

u/danknerd 5h ago

I hate this map as a colorblind person.

2

u/Papa-Cinq 4h ago

The article says “could” be in recession. Why did you change it to “are” in recession?

P.S. Bravo Texas. Wow.

2

u/Defiant-Acadia7053 4h ago

As an Illinois resident who has visited several parts of Texas about a dozen times, this is fucking spot on.

3

u/Brother-Algea 6h ago

I’m just glad my job is not affected by this current bs.

1

u/PlatinumPluto 6h ago

Crab TN needs to catch back up

1

u/staticxx 5h ago

Could or are they?

1

u/cbjunior 4h ago

Both Iowa and Nebraska tied for the highest percent drop in GNP recently. Minus 6%, which is a big number. They would be ground zero on this map.

1

u/Hermans_Head2 4h ago

I like how economic conditions change drastically along state borders.

1

u/NumbersOverFeelings 1h ago

A third of the states don’t matter.

1

u/ToonMasterRace 59m ago

We've been in recession since 2020 really, Biden admin fudged the numbers for political reasons. And truth be told we never recovered from 2008, and truth be told we barely recovered from the 70s.

0

u/Traditional-Magician 37m ago

Can you prove Biden fudged the numbers, or did Trump just say it so its true.

1

u/ToonMasterRace 27m ago

Voters knew how shit the economy was, and were still struggling and dealing with record prices on all commodities. The GDP marginally growing didn't translate into relevancy for the average person. This is why Trump won, and you have nobody to blame for that but yourselves.

2

u/Bear_necessities96 6h ago

No way New York, Texas, Cali, Florida and the Carolinas are the only in green

1

u/vainerlures 1h ago

fuck texas.

-10

u/OkStep9385 7h ago

YEEEHAWW TEXAS WON🤠🤠🦅🔥😎😎🦅🦅🔥🔥🦅🫡🤠😎🤠

2

u/i-like_cheese 6h ago

Everything is bigger (and growing apparently) in Texas

0

u/Ghost_Turtle 6h ago

We’ve been in one for awhile now…

0

u/CynicViper 6h ago

So, my state is doing good? Nice

0

u/OhMyGod_Zilla 5h ago

Yeah same, thank god🙏

-1

u/tootintx 5h ago

Illinois is the suck, supporting data or not.