Why aren’t Americans happier about the economy? | Robert Reich

The economy is getting better overall - but as the rich get richer and the poor grow poorer, overall has become a worse gauge of wellbeing

It's a Goldilocks economy - not too hot to spur inflation, not too cool to invite recession.

On Friday, the labor department announced that the US economy added 209,000 jobs in June.

Robert Reich, a former US secretary of labor, is professor of public policy at the University of California, Berkeley, and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His new book, The System: Who Rigged It, How We Fix It, is out now. He is a Guardian US columnist. His newsletter is at robertreich.substack.com