When it comes to the economy, everything’s great and no one’s happy
Why a supposedly good economy is making so many people miserable.
If you’ve ever gotten completely lost — no GPS, off the map, which-way-is-up lost — you know how disorienting it can be. All of a sudden, nothing looks familiar and every available path seems like the right one. It can take a while to find your bearings and get back on track.
In its own way, the economy has been off the map over the past three years. The standard measures look pretty good. Inflation has been a concern, but production is solid and the job market has been white hot. The unemployment rate fell below 5 percent in September 2021 and never looked back.
But public opinion is another matter entirely…
