How strong is the US economy? Depends on which party you ask

Analysis: In spite of high employment and robust hiring, many Americans are pessimistic about the economy

The Republican chair of the Federal Reserve doesn't think it's happening. Neither does the Democratic president, Joe Biden, nor do a good number of economists.

And yet, many Americans appear to believe the world's largest economy is in a recession, creating yet another liability for Biden in the run-up to November's midterm elections, where voters are already inclined to hand Republicans control of at least one chamber of Congress.