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The Perception Gap and Political Dynamics
Exploring the historic gap between economic performance and public perception, this chapter delves into the impact of inflation on consumer sentiment and the time needed for adjustment. Discussions include the influence of consumer sentiment on presidential approval ratings, the upcoming election, and the evolving influence of economic factors and messaging strategies. Analysis of presidential election forecasting models, the Biden administration's economic policies, and the varying perceptions based on political affiliations are also key highlights.