People have been negative on the economy in general since Bush took office. It’s really nuts. I swear if you ask most people since around 2000 at any time, they’d say we’re in a depression.
If you ask them how it was 2 years before that instant, they’d probably say it wasn’t that bad. It’s a weird media-driven malaise.
Not much different than 1992. Prior to the election season there was a small downturn, but during the campaign the economy was clicking on all calenders and yet the 'It's the economy, stupid' was a huge hit with the media despite the reality.