Plain English with Derek Thompson

Americans Think the Economy Is Terrible. The Data Tell Another Story.

15 snips
Jul 11, 2023
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INSIGHT

Inflation vs. Unemployment

  • Inflation impacts everyone, making real wages a major economic driver.
  • Unemployment, while significant, affects a smaller percentage of the population.
INSIGHT

The Great Resignation

  • The "Great Resignation" was not about worker exhaustion but worker empowerment.
  • Low-income workers leveraged a hot job market for better wages.
INSIGHT

Politics and the Economy

  • Public perception of the economy is increasingly influenced by political views.
  • "I hate/love the president, therefore the economy is bad/good."
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