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Econ 101

I’m confused.

I read the news and I see good signs. Unemployment is down, the stock market is up, the national mood is optimistic.

Then I read further and I see the bad signs. Americans can’t afford basic needs like housing and food. Americans have no savings. Americans are shackled by health care and education debt and have no hope of retirement. We are told we must keep working longer and longer, but the jobs keep disappearing. The middle aged middle class is overlooked, overburdened and underappreciated.

If things are so good, why are things so bad?

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