Why aren’t Americans happier about the economy? | Robert Reich | The Guardian

construction workers prepare steel for a crane at the site of JPMorgan Chase‘s new 1,388-foot headquarters at 270 Park Avenue in Midtown East on May 18, 2023 in New York City.

Post Covid and Trump America is on the up again economically. Yet the feeling of well-being isn’t. Australia is also on the way up with the ALP in charge. However, we have a feeling of well-being generated by the fact the LNP is no longer the government. While the ALP seems a united team nationally the political fringes Greens, Independents, and One Nation still hold a measure of sway.

However, in America, there’s a serious division between the States which is reflected in the Democratic Party nationally. Biden seems to have to struggle to get things done. Meanwhile, SCOTUS makes America seem a Fascist Dictatorship rather than the great Democratic experiment with its recent rulings.

In other words, the economy is getting better overall – but overall has become a less useful gauge of wellbeing as the rich get richer, the poor grow poorer, and the working middle is under worsening siege.

Source: Why aren’t Americans happier about the economy? | Robert Reich | The Guardian

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