If Not A Recession, Why Does It Feel Like One?
What A Day7 Nov 2025

If Not A Recession, Why Does It Feel Like One?

After Tuesday’s election results, everyone seems to have gotten the message that affordability is king. Democrats, Republicans, and even President Donald Trump have been talking about the costs of various things, like healthcare, groceries, and Thanksgiving dinner ever since. But for a lot of Americans, making ends meet has been hard for a while. To talk more about the disconnect between what the Trump administration is saying about the economy and how Americans are feeling, we spoke with Stacy Vanek Smith. She’s a reporter for Bloomberg Businessweek and co-host of the Bloomberg podcast, Everybody’s Business.

And in headlines, the Federal Aviation Administration cancels flights across the U.S. reportedly to ease the strain on air traffic controllers during the longest ever government shutdown, California Democratic Representative Nancy Pelosi announces her retirement after nearly 40 years in Congress, and the jury in the case of the man who slung twelve inches of vigilante justice at a federal officer has reached its verdict.

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