The United States has seen a steady decline in the rate of inflation, and yet many American voters are still upset over the cost of daily life. To understand this perception gap, Paul Donovan, the chief economist of UBS Global Wealth Management, argues, we should consider the cost of a Snickers Bar. In this audio essay, he explains that frequent smaller purchases — like candy bars — shape our experience of the economy.
(A full transcript of this audio essay will be available midday on the Times website.)
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This episode of “The Opinions” was produced by Jillian Weinberger. It was edited by Kaari Pitkin and Annie-Rose Strasser. Mixing by Sonia Herrero and Pat McCusker. Original music by Carole Sabouraud. Fact-checking by Kate Sinclair. Audience strategy by Kristina Samulewski.
Source: Elections - nytimes.com
