Thank Media And Social Networks For Mass Economic Despair

We live in an immaterial world

(Photo by Michael Ciaglo/Getty Images)

Whatever you think of the U.S. economy, or Joe Biden’s handling of the U.S. economy, this much isn’t really arguable: public perception—including the widespread, false belief that the U.S. is in recession—has fallen out of step with where historical data suggests it ought to be. 

I’m not saying you have to believe th…