Trump’s Key 2020 States Reel Under Twin Blows of Virus, Job Loss

Overall, consumer sentiment saw a record-breaking decline in April, with sharp drops among Republicans and Democrats alike, according to the consumer confidence survey by the University of Michigan.¶¶But consumers are less pessimistic about the future, said survey director Richard Curtin. That may work in Trump’s favor.¶¶”They expect the pandemic to be temporary, they expect that the peaks would be reached and then we would see some relief and the economy would open up,” he said.¶¶Curtin said that’s “a rather dangerous expectation” for consumers. “I don’t think they’re correctly interpreting the situation, in that the recovery will be much slower and start much later than is expected by consumers.”