Why a Good Economy Feels Like a Bad One

For most of his second term, Donald Trump has successfully conveyed the message that defiance is not an option. Republicans who ignored that message generally wound up out of office, so they largely toed the line. Lately, though, that seems to be changing. Republicans recently pu ...  Show more

Not long after U.S. commandos swiftly extracted Venezuelan President Nicolás Maduro and flew him to the United States, Donald Trump set his sights on the next target: Cuba. Some administration officials seem interested in Cuba’s nickel and cobalt deposits. Secretary of State Marc ...  Show more

There’s something weird happening with the economy. On a personal level, most Americans say they’re doing pretty well right now. And according to the data, that’s true. Wages have gone up faster than inflation. Unemployment is low, the stock market is generally up so far this ...

The U.S. economy is doing better than many had anticipated. Some 80 percent of jobs lost during the pandemic have been regained, and people are making, and spending, more.

But Americans seem to feel terrible about the financial outlook.

Why the gap between reality ...

Should we be celebrating a Biden boom? Lamenting inflation and its consequences? Both?

We know how to talk about booms, like the ’90s. We know how to talk about busts, like after the financial crisis. We know how to talk about stagnation. What we don’t know how to talk a ...

The American economy, by many measures, is doing better than it has done in years. But for many Americans, that is not how it feels. Their feelings point to an enduring mystery: Why do Americans feel so bad when the economy is so good?

Jeanna Smialek, who covers the Fede ...