By all accounts, the U.S. economy is humming along quite nicely. Unemployment is low (especially among Americans in their prime working years), recession fears are abating, consumer spending is healthy, and wage increases are finally beating inflation.
Scroll on social media or talk to your friends, though, and the good news doesn’t seem to be translating. A recent CBS poll found 61% of respondents believe the economy is “struggling,” and, given the choice between good or bad, 65% describe the economy as the latter. Why is there such a disconnect?
