How the US Economy Is Doing Depends on Your Politics
https://www.bloomberg.com/news/articles/2024-03-21/consumer-views-of-the-economy-depend-on-who-s-president
Consumer sentiment was once a reliable predictor of election outcomes. Not anymore.
The way Americans feel about the economy is now largely determined by party affiliation. During Donald Trump’s administration, consumer sentiment plunged among Democrats and surged among Republicans. When Joe Biden was elected, opinions reversed virtually overnight, despite little empirical change in the economy. This partisan split far exceeds differences by income, age and education, and it persists despite historic lows in unemployment and easing inflation.
https://www.bloomberg.com/news/articles/2024-03-21/consumer-views-of-the-economy-depend-on-who-s-president
Consumer sentiment was once a reliable predictor of election outcomes. Not anymore.
The way Americans feel about the economy is now largely determined by party affiliation. During Donald Trump’s administration, consumer sentiment plunged among Democrats and surged among Republicans. When Joe Biden was elected, opinions reversed virtually overnight, despite little empirical change in the economy. This partisan split far exceeds differences by income, age and education, and it persists despite historic lows in unemployment and easing inflation.
America’s hyper-partisan voters express economic sentiments that mirror their politics — this is not true in Europe
https://www.ft.com/content/b2f17824-cdfc-4547-abf0-66178a0a747f
https://www.ft.com/content/b2f17824-cdfc-4547-abf0-66178a0a747f
Why Americans are bummed out about the economy
https://www.cnn.com/2024/03/15/opinions/inflation-prices-consumer-confidence-peterson-lundh/index.html
Inflation denial is rife. Journalists keep telling me I’m well off but just too dim to understand it
https://www.telegraph.co.uk/us/comment/2024/03/15/inflation-us-economy-biden-performance-denial-statistics/
Why Are Voters So Upset? Consider the Snickers Bar.
https://www.nytimes.com/2024/01/18/opinion/inflation-rate-election-voters.html