The US economy is booming on paper, but everyday Americans feel squeezed. Why one expert says we’re in a boomcession

You've heard of recession and depression — but what about the "boomcession"? That's the term Matt Stoller has coined for the current state of the economy. A combination of the words "boom" and "recession," the term highlights the disconnect between surging economic data and the financial hardships many Americans are seeing in their daily lives. “Traditionally, the economy is doing really well,” shared Stoller, an antimonopoly advocate and research director at the American Economic Liberties Project, a no ...