The Economic Theory That Explains Why America...

Two sitting heads of state, eight weeks apart. On Saturday, February 28, the United States and Israel launched a massive military assault on Iran that resulted in the death of Ayatollah Ali Khamenei, along with much of his senior command. This came less than two months after the ...  Show more

President Trump’s approval ratings on the economy, immigration and trade are deep in the red. But in Tuesday night’s State of the Union address, he decided to tell the American people: You don’t know what you’re talking about. “Today our border is secure, our spirit is restored, ...  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 ...