US politics are in turmoil - so why is the country booming?

Protesters gather at a news conference held by supporters of former US president Donald Trump outside Manhattan criminal court in New York on Monday. Photograph: Spencer Platt/Getty Images

At the turn of the millennium, 44 per cent of Americans trusted the federal government. Now 16 per cent do. The US.) The civic rot is so deep that well-adjusted citizens find themselves taking an interest in the health of supreme court justices, lest one die under a president of the opposing side.How Slovakia’s poisonous politics left prime minister fighting for his life

And so we are left to conclude something not about the US, but about politics itself. People like me, who find the subject intrinsically interesting, overrate its importance. As long as a few essential functions of state are never compromised – physical security, contract enforcement, tax collection – it matters less than we think whether public life is “divisive” or even foul. An economy can’t withstand too much bad. It can’t prosper against over-tight interest rates or underfunded education.

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