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| Economy |
| 68% Say Economy Is Getting Worse as Confidence Collapse Continues |
| 2021-10-28 |
| [Breitbart] Confidence in the U.S. economy continues to weaken despite the Biden administration’s insistence that the economy is doing great. The share of Americans saying the economy is getting worse climbed from 63 percent in September to 68 percent in October, Gallup reported Wednesday. This was not a case of partisan politics. Democrats and Republican views of the economy were essentially unchanged in October, according to Gallup. What happened was the percentage of independents who say economic conditions are getting worse soared nine points from 63 percent to 72 percent. The Economic Confidence Index fell to negative 25 in October, the lowest reading since negative 33 in April 2020 and negative 28 the following month. Gallup’s index has a theoretical high score of +100, if everyone says the economy is excellent or good, and a possible low score of -100, if everyone says the economy is poor and getting worse. Before the eruption of pandemic in the U.S., confidence was high. The Gallup index registered +41 in February 2020, the best reading since 2000. It collapsed in March and hit the nadir of -33 in April. Since then, confidence has fluctuated but has never risen above the +2 recorded in April 2021. The October decline is the fourth consecutive retreat. Americans are increasingly mentioning economic issues as one of the most important challenges facing the U.S. "The upticks in citations of the deficit and inflation are largely responsible for an increase in mentions of any economic issue — from 16 percent in September to 24 percent in October. The percentage of U.S. adults mentioning any economic issue as the most important has not been this high since April 2017, although the 23 percent figure from last June is similar to the current reading," Gallup said. The rest of the "stack" of most important issues is also not good news for the Biden administraiton. |
| Posted by:Besoeker |
| #12 .....if MORONS RAVE, then MOLON LABE |
| Posted by: Merrick Ferret 2021-10-28 16:39 |
| #11 Merrick: “When the people find that they can vote themselves money that will herald the end of the republic.” ― Benjamin Franklin We're there... |
| Posted by: Glenmore 2021-10-28 16:04 |
| #10 about time to go medieval on their ass |
| Posted by: Chris 2021-10-28 15:37 |
| #9 If the ballot box won't halt this full-spectrum assault on our Republic... |
| Posted by: Merrick Ferret 2021-10-28 13:41 |
| #8 I have never seen an administration less concerned about the welfare and prosperity of all of the American people, not just the client tribes of the Democrats. It is as if they want to create crisis in every aspect of our lives, exploit each with a solution of more government/less freedom/more control, This is the transformation Obama talked about, but wasn't ready to accomplish because he was still busy insinuating fellow believers at middle and senior levels of all the important government agencies in DC. Now they have a puppet fool who signs anything, blathers what he reads on the teleprompter or hears in his earpiece, and only recently seems to have noticed he can get away with reciting old speech segments and dementia-laced commentary. The fractious undercurrents seen among the elites if you look carefully are about what their clients can get from the wholesale looting of whats left of our Republic. The canary in the coalmine is the Virginia gubernatorial election. If the Clinton bag-man prevails, the answer couldn't be clearer |
| Posted by: NoMoreBS 2021-10-28 12:48 |
| #7 Have you seen the price of arugala? |
| Posted by: Deacon Blues 2021-10-28 09:47 |
| #6 /\ That number may be slightly inflated. |
| Posted by: Besoeker 2021-10-28 08:32 |
| #5 Ref: #3 likely the only ones that actually voted for Biden. |
| Posted by: NN2N1 2021-10-28 08:26 |
| #4 Government teat suckers. |
| Posted by: Big Tholumble9152 2021-10-28 07:23 |
| #3 Who are the other 32%? |
| Posted by: Merrick Ferret 2021-10-28 07:08 |
| #2 Can someone name the last time prices did not go thru the roof, when we had a Liberal Democrat/Socialist running things? GAS now $1.10 MORE since the Socialcrats stole the election. Min Wage is up about $2. Some places claim they can't find help. But actually are holding off fully staffing for P&L reasons. Some food places have found only offering drive-thru service mean greater PROFITS. Meat prices have gotten so ridiculous that we are seeing Cattle and Dairy cow rustling again. Yearlings (300-500 lbs) are disappearing from fields greater numbers. Container-trains on remote sidelines are getting ram-shacked in greater numbers. ALL of these increases are adding to the purchase price we pay. |
| Posted by: NN2N1 2021-10-28 06:26 |
| #1 Bidet says it's getting better. Garland better get on the stick and lock up all those insurrectionist naysayers. |
| Posted by: M. Murcek 2021-10-28 05:16 |