Economic Realities vs. Public Perception

This chapter analyzes the current state of the US economy, focusing on indicators like GDP growth, inflation, and employment rates while presenting a favorable rating of eight to nine. It explores how political partisanship and media narratives shape public sentiment, often leading to a disconnect between positive economic data and public feelings about the economy. Additionally, the chapter investigates the ongoing housing crisis, the labor market's resilience, and the complexities of wage growth amid rising inflation.