It’s one of the biggest economic and political problems in America — people are mad about the economy, even though economists think the economy is pretty good.
This is one of those moments that may show that the cold-blooded science of economics, which we have made one of our primary intellectual tools for explaining the world, can’t explain everything. What’s the point of a “good” economy if people hate it? I doubt that a bunch of eggheads waving graphs and charts at people is going to get them to think any differently about their situation in life.