“This is one of the scariest charts I’ve seen in awhile,” Long said in an X post. “In the ‘vibe-cession’ under Biden, people gave the economy poor grades. But they were generally optimistic about their personal finances (esp the rich).
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“Under Trump 2025, people at all income levels are worried they will be worse off in a year. This is the type of situation that causes people to really pull back on spending. This is what is different than 2023 or 2024.”
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