I'll give props to the right wing media.
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Cape May - I'll give props to the right wing media. They know how to get their talking points out to their viewers. The latest is "doom spending". They are saying that despite record low unemployment, a strong market and a thriving economy in this democrat administration, people are "doom spending". To use a term from a fellow spouter....Horse feathers!
Moderator's Note:
Per U.S. News, "'Doom spending' refers to a phenomenon that occurs when people spend money to cope with stress, despite concerns about the economy and foreign affairs, according to a 2023 study by Qualtrics on behalf of Intuit Credit Karma. You might, for example, worry because you don't have enough money to pay your bills, save and have fun. As a result, you may skip the saving step and splurge on a shopping spree to make yourself feel better."
Print Publication Date:
7/17/2024