Chris Hondros/Getty Images
Chris Hondros/Getty Images
One of the most puzzling developments for economists in recent months is the disconnect between positive traditional economic data and the way people say they have a negative view of the economy. In addition, people's behavior corresponds to what economists would normally expect from happy times. So what's going on?
Today on the show we turn to the misery index, which economists have tracked for decades. Right now the word is that things shouldn't be so miserable in America, but as we've previously reported, polls say otherwise. We identify five reasons that explain the breakup.
Related episodes:
Americans Don't Like Higher Prices, But They LOVE Buying New Things (Apple Podcasts / Spotify)
For sponsor-free episodes of Planet Money's The Indicator, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Comments are closed.