Consumer Confidence: Now With Extra Gaslighting
UMich says expectations crater, inflation fears spike, and somehow every partisan subgroup feels fine. Behold: the Schrödinger’s Economy survey.
Panel of ‘average Americans’ strapped to a Fed-branded roller coaster called “EXPECTATIONS INDEX” as it plunges off a track labeled “UMich 45.8.” In the control booth, a baffled University of Michigan economist waves a clipboard full of charts that all point in opposite directions while a smug Wall Street trader and a grinning D.C. staffer argue over who gets to spin the numbers on cable news. A gas pump looms over the scene like a guillotine, dripping dollar signs instead of fuel.
Source headline
UMich Sentiment 'Expectations' Plunge Near Record Lows As Republicans Lose Faith, Inflation Fears Rebound
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