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Planet Money cover image

Why are we so bummed about the economy?

Planet Money

NOTE

The Effects of Economic Stimulus on Consumer Sentiment

The economic recovery has been significant primarily due to factors like stimulus checks which supported savings and debt payment. Workers at the bottom benefited from moving into higher-paying jobs as household income rose for the lowest earners. Although the rich also did well, the improvement is not limited to them. Consumer sentiment evaluation includes stability beyond financial factors, which might not be fully captured by traditional data.

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