The NPR Politics Podcast Americans Are Spending Lots — But They Still Don't Feel Good About The Economy
Jun 3, 2022
A recent jobs report reveals 390,000 new positions, yet consumer confidence remains low amid rising prices. The hosts delve into the contrasting sentiments as the White House works to share a hopeful narrative. Meanwhile, school board races are heating up, showcasing political activism on both sides and highlighting a shift in local governance. In a quirky legal twist, a California court classifies bees as fish, sparking a debate between agriculture and conservation. The light-hearted antics of a clever parrot provide a humorous lens on mental health and pandemic parenting.
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Economic Outlook
- The May 2022 jobs report showed strong growth, but anxieties remain about inflation's impact.
- Despite positive economic indicators, public sentiment is largely negative due to rising prices.
Focus Group Concerns
- Tamara Keith observed focus groups of women over 50 expressing economic concerns.
- Inflation and gas prices were the primary drivers of their negative outlook.
Consumer Spending
- High gas prices, while impacting consumer sentiment, are not significantly affecting overall spending.
- Consumer behavior still suggests a strong economy despite negative feelings.