I've been saying this over and over again, but: This is why inflation is so destructive to presidencies. With unemployment, overwhelming # of people are still employed, lots of unemployed expect to get hired back, etc. When you get your job, it's largely done. 1/
This is a crazy take. People today say they feel much worse about the economy than they have felt about objectively far worse economic situations in the past. Consumer sentiment was lower in Nov. than it was in April 2009, at the depths of the Great Recession. That's vibes.