Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Aussie105

(8,223 posts)
11. Low consumer confidence is a personal and emotional response.
Sun May 24, 2026, 02:32 AM
Sunday

Understandable in the current circumstances.
The future looks bleak, right?

But it has a significant economic effect too.

- people with money to spend defer purchases. Why bother? Those current prices going up don't help. Better wait.

- businesses look at ways to shore up their profitability in the light of real and imagined uncertainty by not hiring people, laying off workers.

- and politicians crank up their 'it is not that bad', 'things will get better' in your face, lying BS rhetoric.

Recommendations

3 members have recommended this reply (displayed in chronological order):

Latest Discussions»General Discussion»We have *never* before se...»Reply #11