PBS' Gwen Ifill discussed the state of the economy with Robert Barro and Robert Reich a few days ago. Barro's observations are always worth reading. He has keen insight, keeps a close eye on the data, and bases his analysis on sound economic principles. Reich has been claiming for the better part of a quarter-century that things are getting worse for the average American.
Here's the transcript. One of these guys must be off-base. Compare and contrast.