Inflation Dampens Economic Optimism Despite Positive Growth Metrics
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Inflation and high interest rates are overshadowing positive economic metrics like low unemployment and robust job growth in Americans' views.
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Inflation reduces purchasing power despite wage growth, disproportionately impacting low-income Americans.
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Media coverage has increasingly mismatched economic realities, focusing on negatives over positives.
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Partisan biases shape perceptions, with Republicans overly pessimistic and Democrats overly optimistic.
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Strife at home and abroad contributes to a poor baseline view of the economy even when metrics are strong.