How the economy is doing has always been a contentious topic, particularly when friends and family with different politics gather for Thanksgiving dinner. And the question has gotten even thornier this year, with consumer sentiment and polling data about the economy becoming historically de-linked from official measures of economic health like GDP. It’s not our job to tell people how they should feel about the economy, but we can at least add some facts as context to common complaints.
I’ve made many posts here discussing the impact of Biden’s economic policy. It all got shouted down by people complaining that since they don’t perceive any improvement, there mustn’t be any.
Witness also the comments reacting to this article arguing that there’s been no improvement for any but the elite.
…oof! Fair point.
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