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How Oil Price Volatility Explains These Uncertain Times

March 23, 2016

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The numbers say that these should be the best of times for America. The economy has been growing for five years. Unemployment is low. Inflation is almost nonexistent and gas is cheap. Yet many Americans feel deeply uneasy about their future prospects. Uncertainty is the catchword of the moment. This uncertainty is contributing to growing pessimism and anger — discontent that is no doubt a factor in the unsettled state of the 2016 presidential race.

If times are good, why do so many Americans believe that it is the worst of times? Have we become a nation of neurotics or is something real going on?

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