Government is paralyzed. Close down businesses, churches and schools again, you will have a revolt. Believe in the junk science peddled by Fauci and if you don’t the world will end.
“US consumer sentiment plunged 13.5% from July to its lowest level since 2011—yes, even lower than when they tried to make Barnett the most desirable man on Love is Blind. The dive was primarily sparked by concerns surrounding the Delta variant.
The public has no confidence in government schools, media, professional’s game players or entertainers. The woke society, the Cancel Culture has taken it toll. Parents have no idea if school will be open tomorrow or back to the computer at home. Diapers on their kids’ faces for six hours a day, harmful to their health. Kids and adults are afraid—any wonder confidence in the economy has plunged?
Economists’ Fall Plans // The Delta Variant
US consumer sentiment dropped to its lowest level since 2011
Matty Merritt, Morning Brew, 8/13/21
US consumer sentiment plunged 13.5% from July to its lowest level since 2011—yes, even lower than when they tried to make Barnett the most desirable man on Love is Blind. The dive was primarily sparked by concerns surrounding the Delta variant.
What exactly is “consumer sentiment”? Each month, the University of Michigan surveys 500 people across the continental US about how they’re feeling re: personal finances and business conditions. It’s one data point used to evaluate how the economy is faring.
What happened? The Michigan survey’s chief economist said such a dramatic change is an “emotional response, mainly from dashed hopes that the pandemic would end soon.”
- It’s not just consumers going blue. Only 39% of US small business owners said this month that they expect economic conditions to improve in the next year, compared to 50% in July, per a study from Vistage Worldwide.
Bottom line: Surging Delta cases and reinstated mask mandates are giving Americans flashbacks to the early days of the pandemic. And some companies, such as Southwest Airlines, are saying that concerns about Delta are cramping the economic recovery.
