“Just because folks say they’re unhappy about the state of the economy, that doesn’t mean much,” said Justin Wolfers, an economics and public policy professor at the Ford School. Speaking with Marketplace, Wolfers asserts that it's important to distinguish the difference between how people feel about the economy versus what is actually taking place. “Because what folks are expert in is not the aggregates, GDP and the unemployment rate, but their own household economies,” he added.
