Posted on 02/03/2025 5:42:52 AM PST by ChicagoConservative27
Promise made, promise kept. That is the overwhelming feeling for Americans under President Donald Trump as they are more bullish on the U.S. economy and the stock market while being more hopeful about crushing inflation and borrowing costs than they have been in 10 years or more, a Gallup poll showed on Monday.
Overall Americans’ current outlook on the stock market is the most optimistic Gallup has recorded, while the percentages expecting interest rates, unemployment, and inflation to worsen are among the lowest.
Reuters reports some 53 percent of Americans predicted the U.S. economy will grow over the next six months, based on telephone interviews conducted in the first two weeks of January with about 1,000 adults, Gallup polling revealed. That’s more than in any of its polls since 2005.
All of the positive feelings are a fulfillment of Trump’s promise in 2023 to make the U.S. economy boom from his first day back in office.
(Excerpt) Read more at breitbart.com ...
Go figure.
I was talking to a couple in their thirties. Why aren’t they having kids? It comes down to inflation. In their lives they’ve seen the price of everything climb, and climb, and climb. Where will it be when their kids are ready for college? Is college without crippling debt even an option? The government actually “targets” three percent inflation. But that inflation does not include insurance, medical costs, energy, food and host of real things that real people buy. Real inflation is at least ten percent and that means every dollar halves in value every ten years. The government is worried about demographic decline. The government is responsible for that decline. (Shocked! Shocked, I tell you!)
This poll makes me nervous about my stock investments.
I raised 5 kids over the last 25-30 odd years and I don’t see how anyone affords them now. The last 2 cost more than the earlier 3 by 3 times. It darn near broke me. The ex-spend-thrift wife didn’t help.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.