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American Economic Confidence Craters In Biden’s First 100 Days

But Democrats appear to be happy with the current power structure in Washington, D.C.

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Americans’ economic confidence has fallen back into negative territory just after Biden’s first 100 days arrived.

On Monday, Gallup reported that its Economic Confidence Index dropped to -7, down from +2 in April and back to the level from March.

as Breitbart News reported:

Trending: McCloskeys Plead Guilty, Come Out Swinging with Fiery Statement: 'By G** I Did It, And I'd Do It Again'

Gallup said the recent shifts in confidence “may reflect public reaction to a stronger-than-anticipated jobs report in April, followed by a weaker-than-expected report in May.” It is also likely that confidence has been shaken by rising prices and shortages of some products and materials, including the recent widespread gas shortages.

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In February of 2020, prior to the pandemic hitting public perceptions, Gallup’s economic confidence index stood at 41.

The decline in May came mostly from a sharp drop in Republican confidence in the month. Republicans in the index register at -52, down from -35 in April. Democrat confidence declined from 31 to 27. Independents went from -4 to -3, a slight improvement.

Democrats were perhaps engaging in some wishful thinking, per Gallup:

Two-thirds of Democrats say the economy is getting better, according to Gallup. Just 13 percent of Republicans agree. More than eight in 10 Republicans, 84 percent, believe the economy is getting worse. Independents are slightly more likely to say the economy is getting worse (50%) rather than getting better (44%), Gallup said.

Confidence took a severe dip in May of 2020 as the coronavirus wrecked havoc across the country. And while it climbed slightly by November, it crashed again and has had quite a bit of trouble recovering in this age of Biden.

Gallup’s bottom line:

Americans’ less-positive evaluations of the U.S. economy, and their growing concern about it, have not been enough to affect their satisfaction with the way things are going in the country in May. To some degree, this reflects satisfaction levels that were already low among Republicans and, to a lesser extent, independents. More significant declines in satisfaction may occur only if Democrats start to become pessimistic about national conditions. But Democrats appear to be happy with the current power structure in Washington, D.C., which has their party in control of the presidency and both houses of Congress for the first time since 2010.

Thanks, Joe.

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston.

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The Posh Get Sloshed! Affluent Greenwich Village Overrun by Drunks and Drugs

Another Democrat-run city turns chaotic.

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There has been plenty of talk of late about the great liberal migration, in which cities like New York and San Fransisco are hemorrhaging citizens on account of Democratic policies. The policies often see crime and taxes spike simultaneously, which shouldn’t make sense at all.  If the government is getting more money, there should be less trouble, right? Wrong.  And even in the ritziest parts of some of these liberal cities, the situation is getting out of hand. New York City’s Greenwich Village is home to movie stars and other big-name celebrities – and lately, a host of crime and violence issues both inside a local park and on the neighborhood’s streets. Just Wednesday, the New York Police Department (NYPD) announced it was looking for a man who broke into a Greenwich Village apartment and rubbed his penis on a 10-year-old girl’s feet. The man is believed to have slipped into the apartment through a fire escape around 1 a.m. on June 11, police said. The girl awoke to find the man standing at the edge of her bed. And that’s not all: Locals also told the Post drug use has been more prominent than they’ve ever seen. “I know drugs have been in Washington Square Park for a long time, but I have never seen anything like this before,” neighborhood resident Jennifer Nyp told the news site. Ruth Wyatt, who has lived near the park for more than two decades, told the Post: “The situation in the park and its surroundings has gotten out of control.” At the beginning of June, the news of crime and rampant drug use inside the famed park prompted the NYPD to move the park’s midnight curfew up to 10 p.m. But chaos ensued between people within the park and police who arrived to…

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Kim Jong Un Threatens Military Battle with USA in Latest Rant

The predictable escalation received little response on the world’s stage, however.

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Kim Jong Un

The unhinged nature of North Korea was on display again this week, as “Supreme” Leader Kim Jong Un began his nearly-predictable threats against the United States. Kim, and those who came before him, have long employed a strategy of raising a large fuss on the world stage to get attention, and then backing down from those inane threats only if they get something in return.  Often, the requests have to do with lifting sanctions or aid, as the tiny hermit kingdom is far from capable of even feeding its own people. And so, as was always going to happen, North Korea put on their war pants this week and started strutting around. North Korean leader Kim Jong Un ordered his government to be prepared for both dialogue and confrontation with the Biden administration — but more for confrontation, state media reported Friday, days after the United States and others urged the North to abandon its nuclear program and return to talks. Kim’s statement indicates he’ll likely push to strength his nuclear arsenal and increase pressure on Washington to give up what North Korea considers a hostile U.S. policy, though he’ll also prepare for talks to resume, some experts say. Why now? Earlier this week, leaders of the Group of Seven wealthy nations issued a statement calling for the complete denuclearization of the Korean Peninsula and “the verifiable and irreversible abandonment” North Korea’s nuclear and missile programs. They called on North Korea to engage and resume dialogue and respect human rights conditions. Sung Kim, the top U.S. official on North Korea, is to visit Seoul on Saturday for a trilateral meeting with South Korean and Japanese officials. His travel emphasizes the importance of the trilateral cooperation in working toward complete denuclearization of the Korean Peninsula, the State Department said Thursday. Kim…

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