GROWTH V. DISTRIBUTION. Another day, another Wall Street Journal op-ed counseling arguing that the economy's really doing terrific, and the people are just being misled by pessimistic liberals. This sort of stuff is so rote as to be beyond comment, but it's interesting that all articles arguing the economy is doing well focus mainly on aggregate growth numbers, while those documenting discontent spend their time examining distribution. Because that's really what the economy looks like right now: High growth with deeply unequal distribution. A good economy that's significantly less good for the people within it. On the other hand, we may not have a good economy for very long... --Ezra Klein
