I don’t know what all goes into consumer confidence, but I can tell you that my consumer confidence has been very low and very pessimistic since November 2024 and that pessimism went into overdrive by January 2025.
I’ve dropped all discretionary spending on big ticket items, even the things I have been planning for and saving for since long before the election. I’ve also cut way back on spending for essentials, skipping out on preferred and “luxury” brands at the grocery store and instead going for generic and brands that I like less but which are cheaper, or just going without. I’ve also cut way back on services. If I don’t know how secure my income is or how long my savings might last, then I’m not going to speed up my ruin by spending now.
Ironically enough, the only people I know who seem to be happy with the economy are the ones who were cheering for the “I did that” stickers and asking “why is eggs so expensive” under Biden but noticeably silent on those topics once Trump became president. Unfortunately for the economy, they are almost entirely low income folks (i.e. social security, food stamps, minimum wage part-time jobs) who aren’t typically drivers of the economy to begin with and who are probably going to be hurt the worst if and when things get really bad.
I hate to darken your cloud, but that makes them exactly the people who will be cut off by the administration. The economy won’t care if they die in the streets… pure capitalism has no heart as much as pure communism has no drive.
According to r/conservative, he’s more popular than ever. Quite maddening to read the comments over there. They’re deranged in their echo chamber.
Let them cook, an apathetic base won’t turn out in shame and tell themselves they’re not needed.
They also think doge is doing a fantastic job and don’t understand why democrats aren’t happy with the reduction of waste especially when they tried it themselves.
They can’t comprehend that maybe a department which does a review of the various agencies and presents the findings and recommendations to congress would be a much better idea than a crackhead with a bunch of teens going in and recklessly ripping up or outright destroying an agency immediately is a bad thing.
Putting the guy that hasn’t been at the head of a profitable business in his entire life in a position to influence the US economy was a really really bad idea, twice? Shocking.
the guy that hasn’t been at the head of a profitable business in his entire life
This is libelous. He’s been extremely successful at laundering Russian money.
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Good thing the Democrats already gave up all their leverage for the next six months, or else they might be expected to do something to capitalize on this.
Appeasement isn’t going high. Saying that the Democrats have ever gone high is giving them way too much credit.
That’s the joke. They’ve never gone high they’ve just given the Republicans their measurements so that the nooses fit properly.
“Sorry, our hands are tied… by us.”
Honestly when they resist him, he just goes around saying his amazing, super brilliant, swam draining, anti corruption plans are being hindered by evil corrupt democrats. By stepping back they get blame for doing nothing but Trump gets full blame for the way he manages the country.
The one interesting thing to look for in next election is whether it can be rigged or not.
If yes then that’s the end of US as democracy
If no then Trump could potentially become a sitting duck for the rest of his presidency.
I understand what you mean, but it anyway sounds like a bad strategy. How much suffering just for the hope that things will resolve themselves in the end ?
More over, if he has free hands, I strongly doubt that the next elections in the US will be fair.
Other comments here complete my view: blaming minorities, lack of good quality information etc…
There is no good move to make. The problem is that we can’t even agree on the least bad options to slow it down.
Or… now hear me out… we let America get exactly what it voted for. Democrats can’t keep bailing out the republicans.
This is a privileged take. There are plenty of people that cannot wait.
It’s a principled take. There are plenty of articles showing it’s Trump’s base that’s receiving a significant portion of injury from his orders and policies. Unless they feel the pain — without democratic intervention to cast blame — these people will never change their minds. They may not in any event, but it has to affect them. It’s either these hard lessons, or we keep spiraling to civil war.
Learn from history.
The privileged voters tried to save trump’s base from itself, but what do they know:
https://www.ft.com/content/6de668c7-64e9-4196-b2c5-9ceca966fe3f
The results also show poorer and less-educated voters now think Republicans best represent them — a reversal from 12 years ago, when Democrat Barack Obama was president. After a deep-dive into the data, here are five takeaways. Democratic support depends on high-income voters Economic realignment has been under way for some time, but hastened in this election. The Democratic party now appears to be the party of high-income voters, not those with low incomes.
If you think democrats won’t be blamed, you haven’t been paying attention.
It doesn’t need to be true, it doesn’t need to be in the same postal code of truth, it just needs to be repeated 24/7 on fox News.
He’s admitted, on camera, that the election was rigged.
America didn’t vote for this.
Ya’ll are absolutely overestimating the power of the continue resolution vote. It was never going to turn things around.
Timie for the daily reminder that economic hardships will be blamed on migrants, the gayness, abortions, primary school teachers, et cetera. A recession will fuel fascist agendas.
It’s those damn DEIggers.
Just wait until intelligence cuts lead to failures that cause the next 9/11. The disinfo machine will be the next Reichstag Fire.
cause the next 9/11
just that?
we couldn’t possibly be that lucky.
Yeah the lack of homeland security (ugh) is more likely going to allow the domestic terrorists to spread.
I’m not sure about this. You’re thinking of Nazi Germany, where the situation was very, very different.
Trump is a fascist, but he’s also an idiot. And the Holocaust is well known, and well hated even by a large number of his supporters.
I’m not really thinking of Nazi Germany at all.
When things go bad Trump will blame them on someone.
I don’t think being Gay will crucified like being Trans, if only because Peter Thiel is gay.
He’s a “good” gay, at least until they can get rid of him.
This explains why JD Vance wears mascara.
He’s the ringleader here…
All according to Putin’s plans.
FTFY: All according to Putin’s
plansorders.
The Orange Turd is going to tank things like he always does. Since he is a dictator now there will be no rescue this time.
since he has no future election to worry about, he literally has nothing to lose–and everything to steal, tear apart, destroy, or burn on his way out.
Trump giving the economy the shocker is shocking, and we’re 6% through his 4 year “term.” Things couldn’t get worse, could they?
Better stock up on toilet paper.
“4 year term” hahaha.
6% is farther along than I would have guessed. That actually makes me feel better in a weird way.
That’s because we aren’t even 4% through.
Oh no
i predict trump decrees it “fake news” 😴
BiDeNz EcNOme!
Let is all fucking burn down. Enough grift and collusion to make “printed money”, wars for nepotism and laundering of money with poor peoples lives on both sides of the “conflict “.
America needs to be thankful they didn’t get Liz Truss
Isn’t what trump is doing worse than Liz Truss though? Especially considering he’s doing more than just economical collapse.
Yes but she was way more annoying.
Debatable, you could laugh at truss for how cringe she was at least.
Than Trump? Fucking lol.
Have they even said thank you once for James Corden?
No thanks needed, just keep him, please.
