Republicans are feeling great about the economy again. Democrats are really worried

[Libloom]

Republicans, after years of doom and gloom, are feeling great about the economy again. Consumer sentiment among Republicans spiked in December to the highest level since November 2020, according to the University of Michigan.
The polar opposite story is playing out among Democrats. After years of mostly good vibes about the economy, consumer sentiment among Democrats tumbled in December to the lowest level since the summer of 2022, when gas prices were near $5 a gallon.

“It’s really striking to see how people perceive the world so differently,” said Oliver Allen, senior US economist at Pantheon Macroeconomics.

The post-election shift in the economic perceptions of Republicans and Democrats is not shocking. A similar story has played out following previous changes in power in the White House, including after the 2016 and 2020 elections.

Still, the magnitude of the shift is startling, and researchers say it reflects the county’s political polarization.

https://amp.cnn.com/cnn/2024/12/09/business/republicans-economy-democrats-trump-election

[elleng]

1. We should ALL be worried.

People who make $7,000 an hour have convinced people who make $25 an hour
that the people who make $7.50 an hour are the problem.

This GROSS unfairness is killing us.

[Wiz Imp]

2. Proof that Republicans/Trump voters thought the economy was bad strictly because they were

being fed propaganda from the right wing. The whole "I can't afford my groceries anymore" or "It costs me twice as much for everything now", etc was complete bull shit. Amazingly, they now can afford everything again and Trump isn't even in office yet and while the latest inflation numbers (the first since the election) won't be released until later this week, analysts expect the new report to show an increase in inflation over October. I don't ever want to hear garbage like "individual households are really hurting" again. It is now and always was bull shit. This is an obvious case of people believing propaganda over the reality staring them in the face.