I tend to agree in that I think much of the perception discrepancy is based on the belief that a greater proportion of the country is suffering, or that the suffering happening is preventable. To your point, inequity shapes people’s perception and it’s hard not to feel like big companies and execs are screwing people for a few extra percentage points. The general feeling that people are suffering and it is particularly avoidable compared to the (perception) in the past could explain negative attitudes towards the economy and inflation.

Thanks for the great conversation!