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Michael Hicks: The ‘great discordance’ of economic fact and feeling

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Michael Hicks: The ‘great discordance’ of economic fact and feeling

I’m calling the time we live in the “great discordance” between the perceptions Americans have about the economy and the actual state of the economy. By nearly every measure we are in a period of remarkably strong economic performance. This is especially true of those measures economists typically use to judge the overall strength of an economy.

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