The persistence of American carnage

President Trump is right. The economy is booming. But life is still miserable for millions of Americans.

A homeless person.
(Image credit: Illustrated | Getty Images, iStock)

President Trump would like you to know that despite all the naysaying from outside his administration — and apparently from within it as well — he is making this country great again. He has gone so far as to suggest that the American economy, thanks to the recent decline in unemployment and the precipitous increase in the price of tech stocks, is better than it has been in decades, "booming like never before," in fact.

The president might be right about this. But if he is it tells us how little "the economy" matters when we assess the common good of a people.

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Matthew Walther

Matthew Walther is a national correspondent at The Week. His work has also appeared in First Things, The Spectator of London, The Catholic Herald, National Review, and other publications. He is currently writing a biography of the Rev. Montague Summers. He is also a Robert Novak Journalism Fellow.