Partisan consumer sentiment gaps have been growing for years, but we’ve now entered uncharted territory. The post Breitbart Business Digest: Democrat Fear and Loathing of Trump Risks Pushing the Economy into a Slump appeared first on Breitbart.
Breitbart reports that Democrats' negative economic outlook driven by fear of a second Trump term risks causing an economic slump. Democratic economic expectations are at an all-time low, impacting consumer spending and investment. While Republicans previously feared inflation under Biden, Democrats now anticipate a surge, suggesting political affiliation heavily influences economic perception. Breitbart is skeptical that inflation expectations significantly shape inflation, and suggests the Fed could overtighten monetary policy due to these fears, potentially triggering a recession.
