America’s growth engine may be the envy of the world, but it is not the envy of the American public.
I think the disconnect between the real economy, with its very real soft landing, and the perceived economy, with its lingering sting of inflation, really impacted the election. People know what they know, and, these days, people know the price of gas, eggs, bread, dog food, and other everyday items. “Soft landing” doesn’t mean much when you’re still salty about paying $4.83 for a dozen eggs a year and a half ago.
posted by matt in Wednesday, November 6, 2024