Paul Krugman of the New York Times on America’s “belief” problem when it comes to the economy:
Biden is not, in fact, presiding over a bad economy. On the contrary, the economic news has been remarkably good, and history helps explain why. Nonetheless, many Americans tell pollsters that the economy is bad. Why? I don’t think we really know… Many voters have demonstrably false views about the current economy — believing, in particular, that unemployment, which is near a 50-year low, is actually near a 50-year high.
The Guardian editorial Krugman linked to explains: Americans continue to believe the economy sucks, even though they’ve been told over and over it doesn’t! Why won’t they listen?
