3 New Polls Show That They Are Going To Need To Cart Out Much Bigger Doses Of “Hopium” – Investment Watch


by Michael Snyder

The temper of the nation has dramatically modified.  Survey after survey has proven that Individuals are a lot much less optimistic than they had been in the course of the first half of 2021, and that might have huge implications for the economic system as we roll via the second half of this calendar yr.  When shoppers are pessimistic concerning the future, they have an inclination to carry on to their cash extra tightly, and so they additionally are likely to allocate cash to totally different priorities.  Earlier this yr, so many pundits had been telling us {that a} new golden period of prosperity was forward as a result of the worst of the pandemic was behind us and Joe Biden was now within the White Home.  However now the Delta variant is inflicting one other wave of mass panic, and an growing variety of Individuals are dropping religion within the Biden administration.  For sure, the honeymoon is over, and Individuals are usually not happy with what they see as they peer into a really bleak future.

Let me begin by discussing the Gallup survey that simply got here out.  In June, Individuals overwhelmingly thought that the worst of the pandemic was up to now, however now the numbers have completely changed



In a dramatic shift from final month, extra Individuals now say the coronavirus state of affairs within the U.S. is getting worse (45%) quite than higher (40%). In June, a report 89% stated the state of affairs was getting higher, whereas solely 3% stated it was getting worse.

I can’t keep in mind the final time I noticed ballot numbers transfer that a lot in such a brief time frame.

The Gallup survey additionally discovered that a whopping 42 percent of all Individuals anticipate that “societal disruptions associated to COVID-19” will proceed to be round past the start of the brand new yr…

Individuals now anticipate societal disruptions associated to COVID-19 to persist at the very least via the tip of the yr, or longer. Whereas in June, practically half of Individuals anticipated COVID-related disruptions in society to final only some extra weeks or months, now simply 17% consider they’ll finish by then.

As a substitute, 41% anticipate the COVID-19 disruptions to persist via the tip of the yr, and 42% — up from 17% in June — consider they’ll stretch into 2022.

Joe Biden’s job approval score can be shifting fairly quickly.

In reality, a unique survey simply discovered that Biden’s approval score has dropped a total of 10 points since June…

President Biden and Congress’s job approval are taking a success amid a resurgence of the coronavirus.

A Harvard CAPS-Harris Ballot survey launched Monday discovered Biden’s approval dropping to 52 p.c. He should be above water — solely 43 p.c of respondents disapprove of the job he’s doing within the Oval Workplace — however he’s down 10 factors from the place he was in June, when his approval was at 62 p.c.

Indubitably, this has not been an excellent summer season for the Biden administration.

If Biden retains fumbling the soccer time and again, it received’t be too lengthy earlier than his web approval score turns damaging.

A 3rd survey that I needed to say lately discovered that the share of Individuals which can be “pessimistic concerning the route of the nation” has risen by 19 points since Might 2nd…



As President Joe Biden accomplished 100 days in workplace, the nation was optimistic concerning the coming yr, however now, simply after hitting the six-month mark, Individuals’ optimism concerning the route of the nation has plummeted practically 20 factors, a brand new ABC Information/Ipsos ballot finds.

A majority — 55% — of the general public say they’re pessimistic concerning the route of the nation, a marked change from the roughly one-third (36%) that stated the identical in an ABC Information/Ipsos ballot revealed Might 2.

That could be a 19 p.c shift in simply 3 months!

Have we ever seen a “route of the nation” ballot transfer that a lot in three months?

I don’t know, however this definitely will not be excellent news for the Democrats.  When Individuals are in a foul temper, they have an inclination to gravitate towards the occasion that’s at present out of energy.

After all one of many greatest the reason why Individuals are in such a bitter temper nowadays is all the new restrictions which can be at present being applied across the nation.

For instance, we simply realized that Louisiana Governor Bel Edwards has determined to institute a statewide mask mandate

At present, Gov. John Bel Edwards has quickly reinstated Louisiana’s statewide masks mandate indoors for all folks age 5 and older as COVID-19 circumstances and hospitalizations proceed to rise throughout Louisiana, threatening the power of Louisiana’s hospitals to ship care throughout this fourth surge of COVID. Louisiana is at present within the worst surge of the COVID-19 pandemic to date when it comes to case progress price, p.c positivity and hospitalizations.

In current days, our company information shops have been packed stuffed with tales concerning the Delta variant.  On Monday, the nation was shocked by information that U.S. Senator Lindsey Graham has examined optimistic despite the fact that he has been “fully vaccinated”

Sen. Lindsey Graham (R-S.C.) stated Monday that he had examined optimistic for the coronavirus, despite the fact that he was totally vaccinated.

“I used to be simply knowledgeable by the Home doctor I’ve examined optimistic for COVID-19 even after being vaccinated,” he stated.

This wasn’t speculated to occur.

And it seems that numerous “fully vaccinated” folks have been catching the virus these days…

Fourteen of 24 vaccinated buddies who visited the Cape Cod city of Provincetown, Massachusetts, in July caught COVID-19, Bloomberg reported on Sunday.

Thousands and thousands of individuals raced out to get vaccines as a result of they had been promised immunity, however now the CDC is releasing new numbers which can be deeply upsetting numerous Individuals…

In a examine launched on Friday, the CDC tracked 469 circumstances amongst Massachusetts residents who visited the city.

They discovered that 74% of these had been totally vaccinated. An awesome majority of the circumstances had been attributable to the Delta variant, the examine reported.

Allow us to hope that the variety of new circumstances begins to fade, as a result of this newest wave of the pandemic is inflicting an amazing quantity of concern and panic proper now.

And the extra concern and panic that we see, the much less optimistic Individuals are going to be concerning the highway forward.

After all even when this pandemic disappeared tomorrow, there would nonetheless be an important deal for Individuals to be involved about as we roll into the following levels of “the perfect storm”.

I do know that the majority Individuals simply need life to “return to regular”, however the fact is that the previous couple of years have modified the U.S. and nations all around the globe on a everlasting foundation.

The troubles of 2020 and 2021 ought to have introduced us collectively, however as an alternative they only maintain tearing us aside.

In the meantime, we proceed to see nationwide governments across the planet transfer in an authoritarian route, and that may be a deeply, deeply alarming development.

 

 














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