Here's why the economy feels so bad when it sounds so good by lopezlinette
Unemployment is at record lows and the stock market is at record highs, yet Americans largely don't feel confident about the future. That's because those two numbers — easily the two most watched in the US economy — don't capture what's wrong with the country's economy. The problem is costs, which have exploded over the last few years. Suddenly, having a job doesn't mean as much for Americans, most of whom don't own stocks anyway.
Unemployment is at record lows and the stock market is at record highs, yet Americans largely don't feel confident about the future. That's because those two numbers — easily the two most watched in the US economy — don't capture what's wrong with the country's economy. The problem is costs, which have exploded over the last few years. Suddenly, having a job doesn't mean as much for Americans, most of whom don't own stocks anyway.
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