As Sufi stated in his tweet, “Rise in partisan bias in economic expectations according to Michigan Survey of Consumers data”. Notably,
- Democrats negative perceptions are not at extraordinarily low levels. Similar applied for the Republicans during Obama 1 Administration and Carter Administration, and for Democrats in Carter Administration and Bush W2 Administration. So negative perceptions are not the key driver of the gap dramatic rise.
- Republican’s optimism during the Trump Administration [short so far] tenure is the main driver of the partisan gap.
- Current partisan gap reflects data that barely touches Trump Administration, with majority of economic performance figures still impacted heavily by the inertia inherent from the Obama Administration days.
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