… The claim that perception is reality has long been a maxim in politics. That’s particularly true as it relates to the economy. And with the 2020 presidential election ramping up, how Americans feel about their financial well-being, and the country’s, has come to the foreground again. But is perception really reality? Or does reality matter — regardless of how people feel? CONT.
Seth Masket (U. of Denver), FiveThirtyEight