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Why Do People Think the Economy is Bad?
Things can be true at the same time. 1. The economy can be better than it has been 2. We can continue to have crushing inequality with people who are still struggling tweet I think there are five main drivers of this disparity. Quantian did a really interesting thread on Twitter to answer the question of “why do people think the economy is bad?” coming to the conclusion that people are not happy because mortgage rates are high, and basically no one is stoked that borrowing money has become more expensive. But I think that there is a lot of stuff that feeds into that - chart 1. Unintentional Oblivion: The ... (full story)