Jun 28, 2021 - Economy & Business
Republicans and Democrats see different recoveries
Consumer sentiment is trending higher for Democrats, while tumbling for Republicans, according to survey data released Friday by the University of Michigan.
Why it matters: Economic conditions have trended higher nationally, but only half feel good about it.
What they’re saying: "It is yet another sign of the depth of political polarization that is, if anything, becoming more entrenched," ING economist James Knightley tells Axios.
- "If a booming economy that is creating jobs and wealth can’t be recognized across the divide, then I’m not sure what else can. We are going to have to brace for a very long period of political strife."