Nobel Laureate: The US economy is "worse than it seems"

Jin10 data reported on October 23, Nobel laureate in Economics and American economist Paul Krugman published an article on the 22nd pointing out that the American economy is facing multiple serious issues. The current recovery only benefits a few, and the stagnant economy is making life even harder for ordinary people. He stated that all the economists he knows are worried about a recession in the U.S. In the article, Krugman mentioned that although some commonly used indicators suggest that the American economy is doing well, a deeper examination reveals that the U.S. economy “definitely has problems.” Various signs indicate that middle and low-income consumers in the U.S. are struggling, a situation caused by the significant uncertainty created by U.S. government economic policies.