GD POLITICS The Data Trends That Define This Moment
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Apr 21, 2025 John Burn-Murdoch, chief data reporter at the Financial Times, dives deep into the latest societal trends and their political implications. He highlights critical data like the plummet in European tourism to the U.S. and its economic uncertainty. The conversation also touches on the rising class stratification, shifting views on free trade and immigration, and the growing skepticism among young voters towards democracy. Additionally, they explore the widening digital divide and its impact on socioeconomic disparities, offering a nuanced view of modern challenges.
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Reversal of Political Trends
- Some negative political trends have reversed recently, particularly those related to far-right rise and death of centrist politics.
- Trump's second term led to increased approval ratings for moderate leaders seen as sensible alternatives.
Unprecedented Economic Uncertainty
- Economic uncertainty in the US has doubled since the peak of the COVID pandemic in April 2020.
- This unprecedented uncertainty impacts business investment, consumer confidence, and market stability.
Economic Sentiment vs. Reality
- Negative economic sentiment is currently driven more by perception than by objective changes in core economic data.
- However, declining tourism and emerging layoffs indicate that sentiment may soon impact the real economy.