Republicans, after years of doom and gloom, are feeling great about the economy again. After years of mostly good vibes about the economy, consumer sentiment among Democrats tumbled in December to the lowest level since the summer of 2022, when gas prices were near $5 a gallon. The post-election shift in the economic perceptions of Republicans and Democrats is not shocking. Consumer spending powers the economyTrump has repeatedly argued that his unprecedented trade agenda will not reignite inflation. In theory, these gaps could have significant consequences for the US economy, which is driven in large part by consumer spending.

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