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Economy |
American Economic Optimism Rises to Highest Levels in Years |
2025-07-12 |
[Breitbart] You would never know it scrolling through the gloomy headlines of the financial press or listening to the nabobs natter negatively on the business television channels. Even the better-than-expected news on the labor market released last week was presented as not really all that good, with liberal analysts and pundits somehow complaining with a straight face that there were too many government jobs cluttering up the employment report. More jobs going to Americans than foreigners? They’re calling that a labor shortage. Any good news is transitory or illusory or merely a headfake. In a way, it is the photographic negative of the vibecession narrative pushed relentlessly during the Biden administration. The cable networks and financial news outlets insisted that the economy was much better under Joe Biden than the public was willing to admit. People were not happy about the economy because of the "vibes" rather than any actual facts about the economy, the story went. If the vibecession ever existed, it is now definitively over. The latest polling shows that Americans are now feeling good vibrations about the U.S. economy. Civiqs, a daily online tracking poll that measures public opinion with demographic weighting and trend smoothing, is showing some of the best numbers in years. MORE PEOPLE ARE HAPPIER ABOUT THEIR FAMILY FINANCES AND THE NATIONAL ECONOMY Let’s start with the question of personal finances. When asked how a family’s financial situation has developed over the last year, 19 percent say it has gotten better. While that’s not overwhelmingly positive, it is the highest share saying things have improved since 2021. In other words, Americans haven’t felt this much improvement since we were coming out of the pandemic. |
Posted by:Besoeker |