Reality Check: Economic Challenges and Disconnect with People's Lives

The cost of living in the United States has doubled since before the pandemic. Real income has decreased when adjusted for inflation. Economic growth has fallen short of expectations. Consumer confidence is at a two-year low. Despite claims of the strongest economy, people are facing high costs for groceries, gas, rent, and mortgages. The disconnect exists between the economic statistics and the reality of people's lives, leading to frustration and a perception of being out of touch with the struggles of the general population.