We Love Africa: Why the US Economy is Doing Worse than it Looks

For years now, America has been touted as a global powerhouse, with headlines lauding a booming economy, a steadily rising Gross Domestic Product (GDP), and inflation figures that seem to indicate stability. But what if these updates are merely a smokescreen, obscuring a much grimmer economic reality? What if the “recovery” you’ve been hearing about is just a precarious facade, a house of cards poised to topple under pressure? At first glance, the statistics seem convincing. Low unemployment rates, rising stock markets, and increasing consumer spending create an alluring image of robust economic health. But dig a little deeper, and…