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We can still make a good economy much better

Posted on AllSides January 31st, 2024
From The Left
Economy and Jobs
AP Photo/George R. Skadding

After a confusing few months of surveys suggesting that Americans are unhappy with the economy despite positive signs like low unemployment and rising real wages, the vibes are now improving. Preliminary results from the University of Michigan’s survey of consumer sentiments found that in January, Americans’ regard for the economy reached its highest level in two and a half years.

Even low-income Americans are seeing some of the best labor market conditions in decades, with the rollback of an estimated 40 percent of the wage inequality that built up over the last 40 years. But that doesn’t mean we...

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