Remember how Democrats were flipping out in April and telling us that President Donald Trump injecting tariffs into this trade equation was going to destroy the world? Well, maybe not that far, but you understand. Everything would go to heck in a handbasket, and the economy would tank.
But Democrats are going to be downcast at the latest news; their narrative is falling to pieces.
Not only are we not seeing destruction, the economy is doing well, and now, consumer confidence is soaring, as Beege Welborn at our sister site Hot Air is reporting.
Analysts had cautiously predicted May's consumer confidence number to come in at 86, and progressives had their hands on dress hangers in their closets, trembling at the thought of the mad celebration that would ensue should the number have tanked even further.
Instead, it was far more than expected, the biggest jump in four years, according to Bloomberg.
The Conference Board’s gauge of confidence increased by 12.3 points to 98, marking the biggest monthly gain in four years. The figure exceeded all estimates in a Bloomberg survey of economists.
A gauge of consumer expectations for the next six months surged by the most since 2011, while a measure of present conditions climbed as well, data released Tuesday showed. The improvement in confidence was broad across age and income groups as well as political affiliations, with the strongest gains among Republicans.
That's a common thread in numbers I'm seeing so far in Trump's second term: "more than expected." Unlike Joe Biden, whose numbers were generally "lower than expected." Funny how that works.
Bloomberg had to admit there were "reasons to celebrate."
BLOOMBERG: May Consumer Confidence data gives us "reasons to celebrate!" pic.twitter.com/gATbtWj28I
— Rapid Response 47 (@RapidResponse47) May 27, 2025
That consumer confidence measure was after the deal with China but before the tariff movement with the EU, so confidence may be even stronger now, in the wake of that.
READ MORE: Trump Has 'Very Nice Call' With EU Commission President, Changes Tactics on 50 Percent Tariff
That helped to send the DOW up 740 points on Tuesday as well. The S&P 500 rose around 119 points (2 percent), and the Nasdaq Composite advanced 462 points (2.5 percent).
The likelihood of recession is also hitting record lows.
JUST IN - U.S. recession odds drop to record lows as consumer confidence surges, far exceeding expert forecasts. pic.twitter.com/XVEZ5b2pxI
— Insider Paper (@TheInsiderPaper) May 27, 2025
People are learning they shouldn't allow the media/Democrats to freak them out when it comes to Trump trying to work trade deals.
At the same time, Trump's approval has been going up, and we're also hitting record "right track" numbers in the most recent Rasmussen poll.
READ MORE: Trump's Approval and 'Right Direction' Polling Is Taking an Amazing Turn, and That Says a Lot
Priceless: Debbie Wasserman Schultz Flips Out at Hilarious Voter Take on Unpopular Dems
I can hear all the Democrat narratives crumbling, and the gnashing of teeth of folks like Rep. Debbie Wasserman Schultz (D-FL).
You gotta love it.
Editor's Note: President Trump is leading America into the "Golden Age" as Democrats try desperately to stop it.
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