Poll: Americans Are More Optimistic Than They've Been in a Decade
RUSH: Bloomberg News just posted a story. Americans have more hope than they've had in the last ten years is the result. But that's not their headline. That's not their headline.
BREAK TRANSCRIPT
RUSH: I mentioned the Bloomberg story before the end of the first hour. The upshot of the Bloomberg story -- it's a consumer confidence poll. The upshot is that Americans are telling Bloomberg they got more hope for the future of the country than they've had in the last ten years. If you read the story, that's what you get. You want to hear the headline? "Soaring Consumer Confidence: Are Americans Happy It's Trump, or Just Happy It's Over?"
That's the headline of a story that says the American people have more hope than they've had in ten years. "On the surface, the message from the University of Michigan's final reading of consumer sentiment for November is that President-elect Donald Trump will fix what ails the nation -- fast. The consumer expectations index of the survey rose by 8.4 points from October to 85.2 -- a one-month gain last exceeded in the December 2011 -- a testament to households' optimistic view on the outlook for the U.S. economy and their own pocketbooks.
"And 'optimistic' might be an understatement. According to the latest report, in some cases, Americans are the most hopeful they have been in more than a decade. For the first time since 2006, 37 percent of households said they expect their personal finances to improve in 2017. Also hitting decade highs: real income expectations, as wage growth continues to gain strength in a broadening swath of the economy."
So there's the news of how consumers have reacted to the election of Trump, and the headline: "Soaring Consumer Confidence: Are Americans Happy It's Trump, or Just Happy It's Over?" What "it's"? Is "it's" Obama or is "it's over" the campaign? You just have to know how to read these people.
https://www.bloomberg.com/news/articles/2016-11-23/soaring-consumer-confidence-are-americans-happy-it-s-trump-or-just-happy-it-s-over
RUSH: Bloomberg News just posted a story. Americans have more hope than they've had in the last ten years is the result. But that's not their headline. That's not their headline.
BREAK TRANSCRIPT
RUSH: I mentioned the Bloomberg story before the end of the first hour. The upshot of the Bloomberg story -- it's a consumer confidence poll. The upshot is that Americans are telling Bloomberg they got more hope for the future of the country than they've had in the last ten years. If you read the story, that's what you get. You want to hear the headline? "Soaring Consumer Confidence: Are Americans Happy It's Trump, or Just Happy It's Over?"
That's the headline of a story that says the American people have more hope than they've had in ten years. "On the surface, the message from the University of Michigan's final reading of consumer sentiment for November is that President-elect Donald Trump will fix what ails the nation -- fast. The consumer expectations index of the survey rose by 8.4 points from October to 85.2 -- a one-month gain last exceeded in the December 2011 -- a testament to households' optimistic view on the outlook for the U.S. economy and their own pocketbooks.
"And 'optimistic' might be an understatement. According to the latest report, in some cases, Americans are the most hopeful they have been in more than a decade. For the first time since 2006, 37 percent of households said they expect their personal finances to improve in 2017. Also hitting decade highs: real income expectations, as wage growth continues to gain strength in a broadening swath of the economy."
So there's the news of how consumers have reacted to the election of Trump, and the headline: "Soaring Consumer Confidence: Are Americans Happy It's Trump, or Just Happy It's Over?" What "it's"? Is "it's" Obama or is "it's over" the campaign? You just have to know how to read these people.
https://www.bloomberg.com/news/articles/2016-11-23/soaring-consumer-confidence-are-americans-happy-it-s-trump-or-just-happy-it-s-over