Americans Experience Boomcession Despite Strong Economic Metrics

Economist Matt Stoller and other experts describe a 'boomcession' in 2025, where U.S. GDP growth and stock-market gains coexist with worsening household finances, rising debt, and low consumer sentiment. Analysts attribute the disconnect to uneven inflation, monopolization, and a weak hiring environment that concentrates spending power among the top 20%, suggesting distributional strains despite headline economic strength.