Poor Consumer Confidence Is a Consequence of the Wrong Policies
Consumers are unhappy with the United States economy, and it makes sense. Consumers in the United States survive on soaring credit card debt, while inflation, the hidden tax, weakening labor, and real disposable income figures prove that the economy is far from strong.
The renewed slump in University of Michigan consumer sentiment proves that the recent bounce was short-lived, and the index continues to be well below the 2019 level. Citizens are suffering the consequences of inflationist policies.