And yet there is this survey.
A March 3 survey from Marist found that 45% of Americans say the U.S. is on the correct trajectory. An NBC News poll published March 16 found that 44% shared the same sentiment.
“CNN News Central,” noted these figures are “very high” for modern times and significantly higher than those under former President Joe Biden’s administration.
CNN Data Guru Breaks Down Surge In Americans Saying US On ‘Right Track’ Under Trump
Since this is a topic on the economy (and not the more general “right track” - which includes all policies), this is also from that same survey:
just 18% of voters rate the economy as “excellent” or “good” — not as low as the poorest economic marks during the Biden administration, according to CNBC polling from 2022, but within a handful of points and as low as that mark has been in NBC News polling since 2014. Majorities of voters disapprove of Trump’s early job performance on the economy (54% disapprove, 44% approve) and how he’s handling inflation and the cost of living (55% disapprove, 42% approve).
It’s a new development for Trump, who never previously had a majority against his handling of the economy in a national NBC News poll.
Survey’s are only as good as the day they are taken. Yours was on 3/3 mine was on 3/14. The nasdaq on 3/3 was around 18,300 today it is below 18,000.
Maybe the whole thing is nothing but a shakedown? As I asked, when I posted the bit about the White House “faith advisor” selling blessings, is there anyone in this administration while is NOT running a grift?
Steve
Tell it to Buffett. He would be very interested in your point of view.
He is a once in a century genius, the guy who made $100 B in a single stock. Pointing him is useless. We are talking about average people. Let me stop here, the justifications will go wild and extreme.
May you live long and prosper.
Ahh so you are saying that not everyone is the same. Interesting.
The above is similar to following the stock market returns daily.
The market seems to go up in the long term, even after the depression.
Yep and there is always a bottom. What some people do not understand is that you do not have to hit the very bottom. You just do not have to take all the losses.
The best time to get in is often when things are darkest. In March 2009, the news was the blackest imaginable, and it stayed terrible for months. But that was the market bottom and time to buy.
I sure do. LBJ knowingly went for guns AND butter, betting the USA’s economic future on
He achieved neither, Nixon then doubled down on LBJ’s dangerous bets, echoing the arrogance and stupidity, and Ford haplessly passed out WIN “Whip Inflaction Now” buttons, tripling down on economic idiocy.
Jimmy Carter bravely took the economic mess on, backing a fully empowered Fed, and it cost him brutally as the first stages of the cure were brutal. And then Reagan breezed into office as desperate voters sought revenge for their plight.
And then, 4 years later, it was “Morning in America”.
Anybody here eager to replay that saga? Brace brace brace.
Pessimists are miserable people. They will always tell you the world is ending. People have lost decades of compounding listening to these guys.
Be happy. Dollar cost average. Enjoy life. Get rich slowly.
DUH !!! Demand collapsed due to prices in excess of what consumers could afford. You know, like $100+k for a pickup truck. Some idiots buy at any price. Rational people do NOT.