This chapter explores the increasing reliance on social media for news and its influence on people's views of the economy. It discusses the prevalence of negative content on social media platforms and analyzes its effects on perceptions. The chapter also examines a trend of videos called silent depression videos, highlighting their emotional power but questioning their accuracy.
The American economy, by many measures, is doing better than it has done in years. But for many Americans, that is not how it feels. Their feelings point to an enduring mystery: Why do Americans feel so bad when the economy is so good?
Jeanna Smialek, who covers the Federal Reserve and the U.S. economy for The Times, discusses a new way to understand the disconnect.
Guest: Jeanna Smialek, a reporter covering the Federal Reserve and the U.S. economy for The New York Times.
Background reading:
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