Mismeasuring the Economy: Is an Economy Successful if It Harms Those Living Within it?

The stock market has reached record highs. Unemployment rates have sunk to record lows.

PresidentTrump certainly celebrates these numbers, but are they a sound measure of most Americans’ health and well-being?

Joe Biden recently kicked off his presidential campaign arguing that most Americans are not feeling the benefits of, or sharing in the wealth being produced by, this “strong” economy. Certainly, the Trump tax cuts lined the pockets of the wealthy and did…