KR
Kevin Rinz
@kevinrinz.bsky.social
Economist • Former Obama and Biden CEA • Views mine alone • Subscribe to Briefing Book: www.briefingbook.info
1.1k followers306 following153 posts
Democrats and Republicans view the economy very differently. Shifts in sentiment by party over time suggest that at least some of those differences are related to partisan control of the White House, with GOP sentiment about 2.5x more responsive to this than Dem sentiment.
Adjusting consumer sentiment to remove this "asymmetric amplification" of political developments raises consumer sentiment, but it remains comparable to sentiment seen after the Great Recession or at the onset of the pandemic.
KR
Kevin Rinz
@kevinrinz.bsky.social
Economist • Former Obama and Biden CEA • Views mine alone • Subscribe to Briefing Book: www.briefingbook.info
1.1k followers306 following153 posts