The US Economy has been booming in recent years and most Americans are doing better than they were a year ago, unemployment is lower, wages are growing, and inflation is declining. It’s not just the one percent either, the statistics show that Americans across ages and social classes are doing really well. While people should be feeling these tangible economic improvements, surveys show that Americans are the most pessimistic they have been about the economy in thirty years.
TikTokers have coined the term “the silent depression,” claiming that it’s harder to get by today than it was during the great depression. So what is the truth about the US Economy?
Further Reading:
It's Getting Better All The Time - Stephen Moore & Julian Simon: https://amzn.to/3CigyiK
Factfulness by Hans Rosling: https://amzn.to/4fqA6QI
Gilad Edelman in the Atlantic: https://www.theatlantic.com/ideas/archive/2023/12/inflation-food-prices-democrat-biden/676901/
Patrick's Books:
Statistics For The Trading Floor: https://amzn.to/3eerLA0
Derivatives For The Trading Floor: https://amzn.to/3cjsyPF
Corporate Finance: https://amzn.to/3fn3rvC
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