The 'Vibecession' Is Over. The 'Permacession' Is Here

The article argues that while the U.S. economy shows strong macroeconomic indicators like low unemployment and GDP growth, many Americans are experiencing a persistent downturn in their personal financial well-being. This "permacession" is characterized by high costs, stagnant real wages, and unaffordable housing and education, leading to widespread dissatisfaction despite official economic data.