CNBC’s Sorkin: ‘This Economy Is Flying ... if We Would Actually Continue This Way, People Would Think We’re Living in Alice in Wonderland’

EXCERPT:

SORKIN: "Well, I think what it's been about, it's about politics for the last several years. And if a group of people are told and, frankly, misinformed over and over again that the economy is terrible, they think to themselves that the economy is terrible. But the truth in black and white — I like to think that we live in a world of gray — this is black and white. Historically, under any empirical measure you can find, this economy is flying. It’s hot. You have wages up this morning 4.6% year-over-year. I mean, that’s — there is no number in these reports, whether it’s about economic growth, whether it’s about jobs, whether it’s about wage growth — you know, they say, what will the economy be like if the next four years were anything like the last four years? What would it be like? It would be actually quite extraordinary. I mean, just think about the trend line of what's happening here. If we were to actually continue this way, I think people would think we're living in Alice in Wonderland."