Economic Indicators Positive, But Public Sentiment Negative

Despite a strong economy, American voters express dissatisfaction as the 2024 election approaches.

Despite positive economic indicators such as job growth, low unemployment, and reduced inflation, American voters are reportedly feeling negative about the economy.
President Biden's administration has been highlighting economic progress and fighting against corporations blamed for fueling inflation, but these efforts have not significantly improved public sentiment.
Republicans are capitalizing on this dissatisfaction, focusing on multi-year increases in consumer prices and encouraging voters to trust their own perceptions of the economy.
Some suggest that the gap between economic data and public sentiment could be due to the disruptive and confusing effects of the pandemic, the end of government aid, and the influence of social media.
Despite wage growth favoring poorer workers and reducing inequality, the loss of pandemic aid from the government has left many people materially poorer, with wage growth unable to compensate for this loss.