Irwin Stelzer: So little confidence, so much prosperity

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Only 36 percent of us approve of our president, and fewer still (18 percent) approve of our Congress. We say our confidence has been shattered, and three out of four think our country is “on the wrong track.” So we tell pollsters, as we slink into the new year.

Surprise: The economy added more than 1 million new jobs last year. It grew at an annual rate of between 3 percent and 4 percent. Share prices rose by over 5 percent, with tech shares up by double digits, these gains being recorded in weeks in which the financial markets are said to be in turmoil.

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