An economic recovery few people feel

Why is there such a disconnect between the economy's performance and voters' moods?

Some believe the economy is doing better and some say the opposite.
(Image credit: Jacquie Boyd/Ikon Images/Corbis)

The smartest insight and analysis, from all perspectives, rounded up from around the web:

"Anyone watching the fourth Republican debate would be excused for thinking America is mired in a deep recession," said Ezra Klein at Vox. GOP presidential candidates like Ted Cruz, Carly Fiorina, and Marco Rubio conjured doom-and-gloom visions of a shrinking economy, beset by crushing regulations and bested at every turn by foreign competitors. Donald Trump summed up this outlook most succinctly: "There is nothing that we do now to win." But America is winning. Unemployment is at 5 percent — the lowest it's been in seven years — and the U.S. recovery from the 2008 global financial crisis has dramatically outpaced the rest of the world's. The stock market has more than tripled since 2009. So much money is flowing to Silicon Valley startups that there's hand-wringing about a second tech bubble. Where is the economic apocalypse these candidates are describing?

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us