Monday, October 16, 2017

Americans are giddy with optimism — bad news for Democrats

The Hill reports:
Against all odds, Americans are happier than they have been in over a decade. That lone fact could save the GOP in 2018 and rescue Donald Trump’s presidency.

The dissonance could make your ears bleed. The liberal media anguishes over the prospective collapse of ObamaCare, threatened trade wars, saber-rattling from Pyongyang and a gazillion other looming disasters, real and imagined.

Never-Trumper Peggy Noonan and other pundits question the emotional stability of the president and pass on rumors that his own cabinet might maneuver to bring him down. Morning Consult reports that Trump’s approval ratings are sinking in every state.


Yet, ordinary Americans are nearly giddy with optimism. That is the only way to interpret the most recent reading of consumer sentiment, in which the country assessed their “current conditions” as the best since 2000.

The survey, released Friday by the University of Michigan, put overall consumer sentiment at the highest level since 2004, and it took economists by surprise. The bump in optimism carried across age and income levels, and even across party politics.
Imagine that.