As Trump Ravages Economy, US Consumer Sentiment Hits Record Low

https://www.commondreams.org/news/us-consumer-sentiment

US consumer sentiment hits a record low as Trump's policies wreak havoc on the economy.

49 points · 4 comments · view on lemmy.world

4 Comments

gandalf_der_12te@discuss.tchncs.de · 13 pts · 151d (2 replies)

people have no money -> people spend no money

Drusas@piefed.social · 8 pts · 151d

Also, people fear soon having no money -> people spending less money.

I'd planned to spend tens of thousands of dollars to replace a crumbling retaining wall this year. Noooope. Maybe next year.

KingGordon@lemmy.world · 1 pts · 151d

then they feel bad about it.

Zachariah@lemmy.world · 5 pts · 151d

And when you’re a star they let you do it. You can do anything.