Are you better off?
Yes you are better off. That was a historic horror show.
How about 5 years ago when the economy under Trump was supposedly the greatest the world has ever known:
Yep.
So how are people feeling right now?
Paul Krugman:
So Quinnipiac is doing swing-state polls that among other things ask people both about the state of the economy and their personal finances. Here’s Michigan, but you see the same disconnect elsewhere
I keep seeing claims that never mind the macro data, people’s lived experience is of a bad economy. But consumer sentiment isn’t a lived experience; it’s a narrative, and one that is actually at odds with people’s personal lives
Why?