- Mar 11, 2015
- 100,848
- 108,138
- 3,645
Trump has been a failure thus far and the sad thing about this is that we were warned.
Some Americans had gotten so arrogant that they refused to believe that what's being done here right now could not happen. Some STILL don't even while it is happening.
Trump policy concerns send US consumer confidence plummeting to eight-month low
U.S. consumer confidence deteriorated at its sharpest pace in 3-1/2 years in February while 12-month inflation expectations surged, offering further signs that Americans were growing anxious about the potential negative economic impact of the policies of President Donald Trump's administration.
The Conference Board survey on Tuesday noted that "comments on the current administration and its policies dominated the responses." It followed on the heels of surveys last week showing steep declines in business and consumer sentiment in February. Tariffs on imports, which Trump has already imposed or is planning to, have been singled out as the major issue in almost every survey of households and businesses.
Economists said unprecedented layoffs of federal government workers were also taking a toll on consumers' psyche, which they said posed a risk to spending, the main engine of the economy.
Some Americans had gotten so arrogant that they refused to believe that what's being done here right now could not happen. Some STILL don't even while it is happening.
Trump policy concerns send US consumer confidence plummeting to eight-month low
U.S. consumer confidence deteriorated at its sharpest pace in 3-1/2 years in February while 12-month inflation expectations surged, offering further signs that Americans were growing anxious about the potential negative economic impact of the policies of President Donald Trump's administration.
The Conference Board survey on Tuesday noted that "comments on the current administration and its policies dominated the responses." It followed on the heels of surveys last week showing steep declines in business and consumer sentiment in February. Tariffs on imports, which Trump has already imposed or is planning to, have been singled out as the major issue in almost every survey of households and businesses.
Economists said unprecedented layoffs of federal government workers were also taking a toll on consumers' psyche, which they said posed a risk to spending, the main engine of the economy.