The Economy Is Surprisingly Strong Despite The Doom And Gloom

Unemployment is just 3.7%, inflation cooling, and GDP grew 2.9% last quarter - not signs of a recession

Yet consumer confidence tanked to lows on par with the 2008 financial crisis

President Biden touts record job gains, but his approval rating lingers under 45%

There's a growing disconnect between positive economic data and negative public attitudes

Endless negative news in the digital era could be fueling heightened pessimism

People disproportionately hear about inflation rather than employment gains

Psychologists say we have inborn negativity bias, which news outlets exploit for profits

The sheer scale of alarming coverage may drive perceptions that override reality

Biden leans on showcasing data about jobs and growth - but gloom is hard to crack