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Monday, June 25, 2007
The bizarre myth of the bad economy
Some useful numbers in this piece. It has been a real puzzle for many why people think that the economy is doing so much worse than it actually is. With a 4.5 percent unemployment rate, and growth in everything from personal income to the stock market, it is very hard to see how people see things as getting worse. Donald Lambro has a nice discussion in his column: