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Some!! Americans feel gloomy.The Rest are just fine.
Inflation slowing means very when incomes haven’t kept up with the pace of inflation. The reality is that inflation has far outpaced the pay increases of the average American over the last two years. Many items that were within the purchasing power of the average American pre-pandemic are now out of reach. Car prices are out of control. Food has skyrocketed. Property taxes for homes have went through the roof due to the dramatic rise in home prices. Health care and insurance premiums continue to outpace income increases. Long story short, it’s getting harder and harder to survive.
“very little”
Is this your personal experience? Or are you parroting the Faux News script?
Prices have risen and that has hurt a lot of people, but I think the right wing echo-sphere seems to be having an outsized influence on public opinion.
I remember 4 years under the former guy where it seemed the only economic policy was to keep the stock market flying high, and I will point out, the stock market is not the economy. We had for years of slowly rising employment with stagnant wages, until the bottom fell out.
If you want to point to bad inflation, did anybody tell you that the US has done the best job of controlling the inflation rate in the world. I know that doesn’t put bread on the table, but it is a whole lot worse in most of the world.
China IS experiencing deflation right now as their economy is crashing and the unemployment rate is hitting 28% for under 25s. So be careful what you wish for.