Sunday, November 14, 2021

Sunday Best: Americans are down on the economy. They shouldn’t be.

There are reasons to have hope.

The U.S. economy may be booming, but recent data suggests that many Americans feel otherwise. Why? Snarled supply chains and higher prices for things like food and rent hardly help. But that can't be the full story, Paul Krugman writes, because while gloomy about the state of the country's finances, Americans still seem to be feeling pretty good about their own.

So what's really going on? And will morale ever lift? There are reasons to believe it might, Spencer Bokat-Lindell explains in Times Opinion's Debatable newsletter. After all, he says, "much of the recent economic turmoil started with the pandemic; much of it could end with it too."

— Jennifer Brown

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