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Inflation has squelched the optimists

The broad optimism that Americans felt about the economy in the spring of 2021 — optimism that even a global pandemic and hundreds of thousands of COVID deaths couldn't squelch — has finally been undone by inflation, and health worries that are getting worse rather than better.

Why it matters: The sharp rise in food and energy prices over the past year has had a particularly harsh effect on the finances of suburban and rural Americans.


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