American economic confidence has returned to pre-pandemic levels

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Improvements in the national mood come as the American government pumps hundreds of billions of dollars into the economy

FEW WORDS in American politics are as overused as those uttered by Gerald Ford at his presidential swearing-in ceremony in 1974. “My fellow Americans,” he said, “our long national nightmare is over.” Even so, President Joe Biden has good cause to use them. Although it could be months until lockdowns are completely lifted, schools and restaurants are being reopened as additional jabs are administered, and the country is beginning to blink and stir itself awake.

Americans’ views of the overall state of the country are also improving. A YouGov poll at the start of the year found that just 20% of Americans said the country was “generally headed in the right direction” against 64% who said it was “off on the wrong track”. But in this week’s survey, 41% said America was on the right track and 45% said it was going the wrong way .

Such improvements in the national mood come as the government pumps hundreds of billions of dollars into the economy. Mr Biden has proposed infrastructure and paid family leave plans that would mean spending trillions more over the next decade. By then, with luck, day-to-day life will have returned to normal, and covid-19 will be only a distant memory—at least for those who survived it.

 

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Lol. Says who? Most of us or horrified at the socialist agenda. But then you guys do venerate Kim Philby.

america is so rich it pays its citizens to be happy

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