The U.S. economy just delivered its strongest quarter in two years—a robust 4.3% growth rate that’s turning heads on Wall Street. Consumer spending is surging, investments in AI are fueling innovation, and exports are climbing. On paper, the economy is absolutely thriving.
Yet here’s the twist that should make us pause: while GDP is soaring, hiring has hit a wall. Unemployment crept up to 4.6%, job losses dotted the summer months, and shoppers are supposedly cash-strapped. How do we reconcile explosive growth with a sluggish labor market?
The answer reveals something uncomfortable about our economy: growth and opportunity aren’t the same thing for everyone. We can celebrate the 4.3% while acknowledging that robust GDP doesn’t guarantee the jobs, stability, or security that ordinary people actually need.
So here’s the question worth sitting with: If the economy is booming but people aren’t feeling it, who is the growth really for?
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