October 03, 2023
Without a College Degree, Life in America Is Staggeringly Shorter - Commentary
Anne Case and Angus Deaton, authors of “Deaths of Despair and the Future of Capitalism”, write: By many measures, the U.S. economy is thriving: Unemployment stands close to the 50-year low set in April, the fraction of people aged 25 to 54 in work is at a two-decade high, gross domestic product is growing rapidly, inflation is falling, and the S & P 500 is a third higher than it was before the pandemic. While encouraging, economic statistics like these offer an incomplete picture of the state of the country. There is a deep and persistent national malcontent — in one recent NBC News poll, nearly three-quarters of Americans say the country is on the wrong track, while Gallup reports that poor life ratings are at record highs.