Polls suggest rising optimism among Americans about the near-term course of the U.S. economy at the same time that economic forecasters are turning pessimistic and Federal Reserve Chairman Ben Bernanke is so worried about persistently high unemployment that he is unleashing another big, and controversial, round of bond-buying to try to boost the economy. …
Is there something besides Democratic Party rhetoric that is making so many Americans more upbeat about the economic outlook? And which groups of Americans are feeling better? [cont.]
David Wessel, Wall Street Journal