The Economic Theory That Explains Why America...

A hypervisual, looks-obsessed, wellness-crazed, postliterate society where we’re constantly staring at screens and evaluating one another based on metrics, as the country around us feels like it’s falling apart: That sounds like the world we live in. It’s also the world Gary Shte ...  Show more

Attention is working in really unusual ways this election cycle. Graham Platner, a political unknown a year ago, ended up dominating his Senate primary against Maine’s sitting governor – even as his campaign was rocked by a series of scandals. James Talarico also seemed to come o ...  Show more

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 ...

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 ...

The illusion persists, despite all evidence. Americans are pessimistic about the economic future. They feel worse off than their parent’s generation. Poll after poll shows that at best, only twenty percent of Americans say the economy is doing better than it was a year ago. More ...  Show more

Inflation in the United States has been getting worse. In December, prices were up 7 percent from the previous year — the fastest rise in 40 years. 

Americans feel terrible about the economy, imperiling the Democratic Party’s chances of holding on to power in Washington ...