LogFAQs > #975848586

Since the exact same topic (including the exact 10-year time frame) was on PotD already, I'll just copy/paste my answer:

The "real" economy has been on a downward spiral since pre-Great Recession (and the seeds of it have been planted and fertilized constantly dating back to Reagan).
Incomes are largely stagnant, costs of essentials have skyrocketed, jobs have been shipped overseas or replaced with automation, people are going into heavy debt (and more of it into high interest / risky debt like credit cards), the social security system is a decade from going bust, the government's debt load is getting so unwieldy that just paying the interest on it is becoming a huge portion of annual spending....

But hey, stocks have achieved near perpetual "line go up" status and the GDP is higher w/ the average person having nothing to show for it, so who cares about any of the above, right?