Even though Josh doesn't mention politics explicitly, I think it's another major contributor to the lack of movement in consumer sentiment. Republicans will give Joe Biden zero credit for anything he does on the economy or otherwise, so roughly 35-40% of the public will express a negative consumer sentiment as long as he (or any Democrat…
Even though Josh doesn't mention politics explicitly, I think it's another major contributor to the lack of movement in consumer sentiment. Republicans will give Joe Biden zero credit for anything he does on the economy or otherwise, so roughly 35-40% of the public will express a negative consumer sentiment as long as he (or any Democrat) is in the White House. That puts a clear ceiling on any rankings of this sort. The only sway-able folks left, then, are Democrats, and the squishy, fickle middle.
Even though Josh doesn't mention politics explicitly, I think it's another major contributor to the lack of movement in consumer sentiment. Republicans will give Joe Biden zero credit for anything he does on the economy or otherwise, so roughly 35-40% of the public will express a negative consumer sentiment as long as he (or any Democrat) is in the White House. That puts a clear ceiling on any rankings of this sort. The only sway-able folks left, then, are Democrats, and the squishy, fickle middle.