Consumer Sentiment Plummets Under Biden's Economic Policies
Submitted by MAGA
Posted 1 day ago
In an alarming reflection of the economic climate under President Biden, consumer sentiment has plunged to levels not seen since June 2022, according to the latest University of Michigan survey.
The survey, released on April 11, 2025, reveals a mid-month consumer sentiment reading of just 50.8, significantly lower than March's 57.0 and below most economists' expectations.
This staggering 10.9% decline from the previous month marks a worrying trend for American consumers, who are expressing increased fears about inflation and economic stability.
Inflation expectations over the next year have surged to 6.7%, the highest since November 1981, indicating that Americans are deeply concerned about their financial futures.
As grocery prices continue to soar and fuel costs rise, it is clear that Biden’s policies are not delivering the stability and growth sought by American families.
The report adds fuel to the fire, as fears of recession grow in the wake of widespread anxiety about both personal finances and broader economic conditions.
Even among varying demographics—across age, income, and political affiliation—there has been a palpable shift from mere anxiety to a state of near panic among consumers.
The sentiment scores reflect a harsh reality: expectations for business conditions, incomes, and employment opportunities are all deteriorating sharply.
While the Biden administration continues to push policies that exacerbate inflation, President Trump, now back in office, had previously implemented measures that benefited the economy significantly, including tariffs targeting unfair trade practices.
Interestingly, the recent survey period coincides with Trump’s bold announcement of a 90-day pause on tariffs against several trading partners. While the market rallied as a result, concerns remain about how swiftly tariffs can be managed, especially within the complex Customs systems.
In sharp contrast to Trump’s decisive actions, Senate Democrats are now attempting to undermine his authority by calling for an investigation into potential “market manipulation” related to his tariff announcements.
This inquiry appears to stem more from political motivation than genuine concern for market fairness, showcasing yet another frenzied attack from a party more interested in partisan games than in supporting the economic recovery of American families.
With the economic situation worsening under democratic leadership, it is becoming increasingly clear that a return to Trump’s policies may be what the nation desperately needs to restore financial stability and consumer confidence.
As the economic landscape grows more volatile, the American public will be watching closely to see how leadership unfolds in these critical times.
Sources:
cnbc.com
cnbc.com
cnbc.com
The survey, released on April 11, 2025, reveals a mid-month consumer sentiment reading of just 50.8, significantly lower than March's 57.0 and below most economists' expectations.
This staggering 10.9% decline from the previous month marks a worrying trend for American consumers, who are expressing increased fears about inflation and economic stability.
Inflation expectations over the next year have surged to 6.7%, the highest since November 1981, indicating that Americans are deeply concerned about their financial futures.
As grocery prices continue to soar and fuel costs rise, it is clear that Biden’s policies are not delivering the stability and growth sought by American families.
The report adds fuel to the fire, as fears of recession grow in the wake of widespread anxiety about both personal finances and broader economic conditions.
Even among varying demographics—across age, income, and political affiliation—there has been a palpable shift from mere anxiety to a state of near panic among consumers.
The sentiment scores reflect a harsh reality: expectations for business conditions, incomes, and employment opportunities are all deteriorating sharply.
While the Biden administration continues to push policies that exacerbate inflation, President Trump, now back in office, had previously implemented measures that benefited the economy significantly, including tariffs targeting unfair trade practices.
Interestingly, the recent survey period coincides with Trump’s bold announcement of a 90-day pause on tariffs against several trading partners. While the market rallied as a result, concerns remain about how swiftly tariffs can be managed, especially within the complex Customs systems.
In sharp contrast to Trump’s decisive actions, Senate Democrats are now attempting to undermine his authority by calling for an investigation into potential “market manipulation” related to his tariff announcements.
This inquiry appears to stem more from political motivation than genuine concern for market fairness, showcasing yet another frenzied attack from a party more interested in partisan games than in supporting the economic recovery of American families.
With the economic situation worsening under democratic leadership, it is becoming increasingly clear that a return to Trump’s policies may be what the nation desperately needs to restore financial stability and consumer confidence.
As the economic landscape grows more volatile, the American public will be watching closely to see how leadership unfolds in these critical times.
Sources:
cnbc.com
cnbc.com
cnbc.com
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