Economy Appears Strong, But Everyday Indignities Fuel Public Discontent
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The economy looks good by traditional measures, but people are still struggling with high prices for necessities like gas and groceries.
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Historically, Democratic presidents have outperformed Republicans when it comes to economic growth and job creation.
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Companies are increasingly treating customers poorly through things like self-checkout, lack of staffing, shrinkflation, and junk fees. This causes daily "micro-insults."
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These micro-insults contribute to anger and stress about the economy, even when traditional economic measures are positive.
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While Biden has overseen a strong macroeconomic recovery, problems like high rents and car prices persist. Both macro and micro issues shape how people feel.