Tuesday, March 25, 2025

Elect Inferior Leaders, Expect to Get an Inferior Economy

 Gee.  Who could've predicted it?  (The Gadfly's arm shoots skyward):


Link: https://apnews.com/article/consumer-confidence-economy-inflation-bd6ece8784efff205e2ab922bcb86958

"WASHINGTON (AP) โ€” U.S. consumer confidence continued its sharp 2025 decline as Americansโ€™ views about their financial futures slumped to a 12-year low, driven by rising anxiety over tariffs and inflation.

The Conference Board reported Tuesday that its consumer confidence index fell 7.2 points in March to 92.9, the fourth straight monthly decline and its lowest reading since January of 2021. The reading was short of analysts expectations for a reading of 94.5, according to a survey by FactSet.

The business group found that the measure of Americansโ€™ short-term expectations for income, business and the job market fell 9.6 points to 65.2.

Thatโ€™s the lowest reading in 12 years and well below the threshold of 80, which the Conference Board says can signal a potential recession in the near future. The proportion of U.S. consumers anticipating a recession remains at a nine-month high, the board reported."


And no Ma and Pa MAGA, this plummeting US consumer confidence is not due to anything Joe Biden has done.  It's not due to anything Kamala Harris has done.  It's not due to anything Barack Obama or Bill Clinton has done.

The current downward dive of consumer confidence began four months ago.  And what significant event pray tell occurred four months ago in this country?  That's right, a slim majority of uncaring, selfish, morally impoverished voters elected a casino bankrupting, business ruining, lying, cheating, stealing, twice impeached, Putin ass-licking, coup-plotting, convicted felon and rapist as President.  Again.

You think Mango Mussolini's mishandling of the Covid pandemic which led to the largest mass death event in the US in over a century was bad?  Wait until he and his goose-stepping pal Elmo and their Project 2025 co-conspirators complete their handiwork.  This is just the tip of the deadly iceberg that is just beginning to violently tear through the hull of the USS America.

Make no mistake about it, this precipitous decline in consumer confidence is all on Drumpf, Elmo, and and the MAGA party.  It's their freak show.  They need to own every bit of it's stench.



---TFG


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