R.Suave » 07 Mar 2024, 8:21 am » wrote: ↑
Are Americans really that sour on the economy? Perhaps not. Surveys show that when people are asked about their personal financial situation — and not just their views on the economy — an overwhelming majority say it is either good or excellent.
If we’ve learned anything during the pandemic era it is that surveys are not very reliable indicators. Case in point: consumer spending, which has consistently risen more than forecast. Better to watch what Americans do rather than what they say.
What Has Biden Accomplished? Look at These 10 Metrics, Not the Polls
https://www.bloomberg.com/graphics/2024 ... h0IjoxfQ==
b...b...b...b..but Don Suave, that is EXACTLY what you've been telling us.
Consumer "confidence" is being driven by the sheer volume of Gen Z and Millennials living in mom and dad's basement with no bills and spending every penny they make on fashion and partying because they "can't afford" to make it on their own.
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people