Part 2/10:
Despite intense political polarization, Conn notes the resilience of the economy. He remarks on how indicators such as stock markets reaching new highs, low unemployment rates, and strong GDP figures suggest that the economy is performing well overall. However, this apparent prosperity exists alongside significant domestic divides and challenges.
He highlights the ongoing government shutdown, with government workers not receiving paychecks and farmers protesting due to economic strains, as manifestations of deeper political resistance and polarization. Conn underscores that much of the turmoil seems to stem from political resistance rather than economic fundamentals, emphasizing that the economy is relatively robust even amid political upheaval.