Prices stubbornly staying high in trump land

[Rawley]

Biden didn't promise to lower prices on day one..

Nope. He promised to unite us. The only thing he united us in was our knowledge that he was the most divisive, lazy, incompetent, corrupt and mentally deficient President we've ever had.

 

[Hollie]

I mean, there is reason to believe consumer sentiment is dropping. There’s surveys that show it.

Consumer sentiment drops as inflation worries escalate

Consumer sentiment slid nearly 10% from January and fell for the second straight month. The decrease was unanimous across groups by age, income and wealth. All five components of the sentiment index deteriorated this month, led by a 19% plunge in buying conditions for durables, due in part to fears

news.umich.edu

But you want me to think that voters are thrilled with Trump’s decisions?

You can think that Bidenflation at 40 year highs was great for the economy. Voters thought otherwise.

What is the consumer spending forecast for 2025?


AI

Forecast

• Visa: Nominal consumer spending will grow 4.8% in 2025, and real consumer spending will grow 2.0%
  
  
• Ameriprise Financial: Real consumer spending will grow 2.5% in 2025
  
  
• Euromonitor: Consumer spending growth will be 4.3% in nominal terms, and 2.4% in real terms
  
  
• Deloitte: Consumer spending will grow 3.1% year over year
  
  
• Bain: US retail sales will rise 4.0% year over year

 

[Marener]

Consumer confidence cannot be accurately judged in a month either. These morons would say the sun is burning out if they had a cloudy day.

They’ve been measuring consumer sentiment on a monthly basis for a long time. You don’t want to take it seriously now?

 

[Concerned American]

I mean, there is reason to believe consumer sentiment is dropping. There’s surveys that show it.

Consumer sentiment drops as inflation worries escalate

Consumer sentiment slid nearly 10% from January and fell for the second straight month. The decrease was unanimous across groups by age, income and wealth. All five components of the sentiment index deteriorated this month, led by a 19% plunge in buying conditions for durables, due in part to fears

news.umich.edu

But you want me to think that voters are thrilled with Trump’s decisions?

So who were the participants in your UM poll? I don't consider young, misinformed, liberal college students to be a good indicator of US consumer confidence as a whole. Next.

 

[Marener]

What is the consumer spending forecast for 2025?

Sunny projections made during the Biden administration really just reflect that the economy was healthy and doing well when Trump took over.

They’re meaningless now.

 

[Concerned American]

They’ve been measuring consumer sentiment on a monthly basis for a long time. You don’t want to take it seriously now?

University of MI? LMAO, try again.

 

[John Edgar Slow Horses]

The numbers don't lie, MAGA.

And we just witness Trump/Vance weakness before Zelenksy, so no peace, no minerals.

What is wrong with you people.

 

[Hollie]

They’ve been measuring consumer sentiment on a monthly basis for a long time. You don’t want to take it seriously now?

They’ve been measuring consumer sentiment as one measure to predict the future economy. It’s one measure.

I understand you’re desperate to present a worst case scenario because your tender leftist sensibilities were devastated when democrats were humiliated at the polls.

Elections have consequences™

 

[Marener]

They’ve been measuring consumer sentiment as one measure to predict the future economy. It’s one measure.

I understand you’re desperate to present a worst case scenario because your tender leftist sensibilities were devastated when democrats were humiliated at the polls.

Elections have consequences™

Explain why it dropped 10 points in February.

 

[Hollie]

Sunny projections made during the Biden administration really just reflect that the economy was healthy and doing well when Trump took over.

They’re meaningless now.

40 year inflation highs were not so sunny.

American voters decided that leftist policies, the economy Among them, had to go.

Your cry corner is over there ———->

 

[Concerned American]

The numbers don't lie, MAGA.

And we just witness Trump/Vance weakness before Zelenksy, so no peace, no minerals.

What is wrong with you people.

No aid to Ukraine equals peace in short order. What is wrong with you? Sounds like you need to MYOB.

 

[John Edgar Slow Horses]

40 year inflation highs were not so sunny.

American voters decided that leftist policies, the economy Among them, had to go.

Your cry corner is over there ———->

Hollie has no idea of what she is talking about.

 

[Marener]

University of MI? LMAO, try again.

Why?

 

[Marener]

American voters decided that leftist policies, the economy Among them, had to go.

And now consumer sentiment is dropping as they see the policies of the person they did vote for.

 

[Hollie]

Explain why it dropped 10 points in February.

You can cut and paste whatever explanation you want.

Explain why consumer confidence is the only measure of economic strength you focus on.

 

[John Edgar Slow Horses]

I think what we watched on TV is going to tumble the market futures.

 

[Hollie]

And now consumer sentiment is dropping as they see the policies of the person they did vote for.

As noted, consumer sentiment rises and falls. Let’s see how many voters want Biden / democrat policies back.

Oh, wait. Voters already chose.

 

[John Edgar Slow Horses]

It's whether people are now quickly losing trust in Trump.

The Dems will never offer Biden or Harris again, which is bad news for MAGA.

 

[Concerned American]

Why?

Good idea. Just STFU

 

[Marener]

Explain why consumer confidence is the only measure of economic strength you focus on.

Because it’s forward looking. All the data you’ve presented is from 2024.