Reason for optimism

To the editor:

While economies in Europe, China, and Japan are slowing, the U.S. economy grew 3.3% in the fourth quarter last year. Despite consumer concerns over inflation, America’s economy remains surprisingly resilient.

The job market is the strongest since the 1960s, with unemployment at a 50-year low. 401Ks are reaching new heights as the stock market booms. Inflation has cooled to more normal levels, and Biden announced his administration is taking on price gouging.