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DE RUGY: Americans know difference between rosy economic data and reality

If the Economy Is So Great, Why Are Americans So Grumpy? New Study Reckons Inflation Is Underestimated

Why are Americans so skeptical about a rosy economy?

It's because of how inflation is measured, which doesn't capture certain costs that add to the prices that consumers pay every day. Americans experience an economic reality that's far different from what economists see in their data and models.

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