The survey showed that 82% of Gen Z adults and 79% of Millennials plan to pare back their spending in the coming months. Eating out or food delivery gave respondents the most sticker shock, according to the survey, followed by a tank of gas and prices for concerts or sporting events.
Methinks this is all about EGGS.
Wasn’t CNN singing the praises of Bidenomics not long ago?
Wait...WHUT? People are JUST NOW noticing problems in the economy, inflation, the price of eggs?
Sure, CNN. EVERYTHING has been hunky-dory with the, ‘Brandonconomy’ right up until TODAY.
*SPIT*
After four years of telling us the economy was great and consumer confidence was high, suddenly the media has reversed the narrative. Yet, everyone I know who was pessimistic about the economy last year, are now more confident that the economy will get better.
why the big disconnect over the past 4 years between our personal experiences and the government agency and media’s reporting?
It should start to level off now with the influx of illegal aliens dropping like a rock. Supply and demand.
I don’t know what they are talking about. I haven’t been this optimistic in 5 years. My confidence grows daily! Thank you God!
Clearly a beacon of Truth and Objectivity then handed to CNN to distribute. (sarcasm_off)
The poll is a “rear-view mirror” opinion of rear-view mirror statistics, all of which reflect the waning months of the Biden administration. And then, only to the extent those stats were derived and reported faithfully.
In other words, it’s more of the Dem-aligned MSM running around yelling “FIRE, FIRE, FIRE!!!”.
Consider the source.
My Arse! I don’t believe this for a second.
I got gas (regular) last week at $2.88 per gallon.
If DOGE is spectacularly successful, and income taxes (and the 16th Amendment) can be erased, that's an extra $10k-30k annually for every American family. That kind of infusion of money into the marketplace most certainly could cause a significant spike in inflation.
If that is indeed coming, Pres Trump might want to make a speech apologizing for the likely failure to keep that one campaign promise, because of the elimination of all federal income taxes. I'm pretty sure that the majority of the electorate will forgive that transgression, lol.
(FYI: ALL Federal income taxes totaled "only" $900bn in 2010. DOGE has supposedly found $1.1T in fraud and waste already. Even cutting all income taxes "only" in half, would cause a massive voting shift. At least 10-20% of all Dems would follow Tulsi and RFK to the GOP. The Democrat Party would be over, and likely replaced by a Progressive/Green Party.)
Fake news laced with bullshit.
Everybody except Democrats knows it’s going to take some time for Trump’s reforms to take effect.