Posted on 03/31/2023 7:31:38 AM PDT by Kaiser8408a
Well, the University of Michigan consumer sentiment indices are out for March … and they are ugly.
As a baseline, consumer confidence in February 2020 (just before Covid) was 101. After Covid and massive Fed stimulus and Federal government spending spree, consumer confidence in March fell to 62.0, a far cry from 101 under Trump.
Even worse, the UMich buying conditions for housing hit 142 in February 2020 but has declined to 47 in March 2023.
Why would ANYONE have confidence in the US economy under a complete fool with dementia like “China Joe” Biden??
(Excerpt) Read more at confoundedinterest.net ...
Covid didn’t crush the economy.
Government crushed the economy.
YoY!
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