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Is the US economy too dynamic, or not dynamic enough?

The economy has become too volatile and uncertain

NYSE, stock, market, wall street
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The economy has become too volatile and uncertain. Perhaps the dissatisfaction is driven by globalisation, automation and the decline of employers’ implicit promises to offer workers jobs through thick and thin Photo: istock

Neil Irwin | NYT
If you’re an economic technocrat staring at a dashboard of official indicators of how the United States is doing, these look like pretty good times.
 
The unemployment rate is low. Gross domestic product is growing. Wages are rising a good bit faster than inflation, which is very modest. These may not be all-out boom times, but as far as economic policy goes, it looks like a job well done.
 
Your countrymen, it is amply clear, do not agree. In polls, nearly twice as many Americans viewed the nation as being on the wrong track as the right one,

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