U.S. Economic Expectations Drop to Two-Year Low Amid Shutdown

A regular survey of the Bloomberg Consumer Comfort Index’s monthly expectations shows how Americans themselves assess their future and prospects.
According to a poll yesterday, these assessments have fallen to a minimum level after the election of Trump (the change of president traditionally creates various illusions among the suckers)



The gloom is growing at a very fast pace for the third month in a row. Among the main factors, the “government shutdown” is highlighted, as well as the exchange “correction” in December. However, the correction was quite pitiful, the distortions did not disappear, so all the problems ahead.
https://www.bloomberg.com/news/arti...pectations-drop-to-two-year-low-amid-shutdown

Washington. The queue for free food for civil servants.

 

Good Guy PayPal has just stepped up with an offer of "a one-time 0% APR cash advance up to your available credit line" to customers who are U.S. federal government employees.

Got to like that. That's a corporation doing more for the Americans impacted by the Moscow asset's shutdown than the Moscow asset himself is doing.

 

Consumer confidence also falling.

 

I wonder if Trump supporters are tired of winning yet?

 

I wonder it Trump haters are tired of wishing for the worst.

 

They are longing for the days of high unemployment, low wage growth, lack of job opportunities and record food stamp enrollment.

AKA: The Obama Legacy.

ETA: Let's not forget "2% GDP growth is the new norm America".

 

No, they just want something to go badly for trump. Political power is more important than prosperity.

 

I've noticed that U.S. economic expectations (or even present perceptions for that matter) correlate very little to reality.