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The Washington Post reported on May 29, 2024, that despite strong economic growth, record stock market levels, low unemployment, and decreased inflation, Americans are still feeling negative about the national economy. A Federal Reserve chart revealed that 72 percent of Americans believe their personal finances are okay, but only 22 percent think the national economy is in good shape. The main reason for this negativity is inflation, with prices rising significantly since the start of the pandemic. The media's negative economic coverage and partisan divide also contribute to the glum mood. Despite some positive trends, such as rising wages and robust consumption, Americans are still anxious about the future and doubtful that their children will have a better future. Politicians, particularly President Biden, are urged to acknowledge the price shock and project confidence in overcoming it. The article concludes that conveying this message is not easy, but it is realistic.
