Voters Sour on the U.S. Economy
Why?
While plenty of news and media outlets have attempted to downplay negative economic news over the past year, others have chosen to focus on positive economic indicators.
“Behind Biden’s booming economy,” gushed Jon Skolnik for Salon on January 8, 2022. “The White House is touting a record unemployment rate. But what does that mean in the age of COVID?”
But while low unemployment numbers are better than the alternative, many working-class Americans are still struggling to cover basic expenses and necessities.
“3 Reasons Biden’s Strong Economy Is Unpopular,” by Eric Levitz for the New Yorker this month.
Some media outlets seem determined to explain to the U.S. chattering classes all the reasons why Americans are so concerned about the economy.
“While All Inflation Feels Bad, Housing Inflation Is the Worst,” announced Greg Ip for the Wall Street Journal on November 15, 2023. “For some, unaffordable homes undercut the American dream even more than high gasoline and food prices.”
“Two weeks ago, I asked why Americans were in such a rotten mood when the data said the economy is in such good shape,” began Ip. “The disconnect has only grown since. Inflation, we just learned, eased in October, extending a two-week rally in stocks and bonds…