Link: https://flowingdata.com/2024/02/13/consumer-confidence-in-current-economic-conditions/
Edit: By the way even though they highlight Biden’s inauguration as the time of the split I think the driving cause was the unequal recovery of the economy which is somewhat under Biden’s control but not fully.
Inflation is easing up, people are getting raises, and gen Y’s boomer parents are starting to die leaving behind lots of money and houses. That light blue line is coming up and it will be fine for everyone except for those for whom it was never going to be fine anyway (which is a ton of fucking people, holy shit we need to help the poor).
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