Kevin Phillips on why the economy may be worse than we know:

Readers should ask themselves how much angrier the electorate might be if the media, over the past five years, had been citing 8 percent unemployment (instead of 5 percent), 5 percent inflation (instead of 2 percent), and average annual growth in the 1 percent range (instead of the 3–4 percent range).

Phillips documents the seemingly tiny, perhaps even rational changes various administrations have made to three key economic indicators over the past 40 years and argues that they’re painting a false picture of our economy’s real state.

Emotionally, it resonates. Don’t things always seem slightly bleaker than the numbers say? Not drastically, but just enough you feel there’s a disconnect somewhere. Maybe the stats are juked.