Heather Long
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah. And this is so different than before. Partly it's tariffs, but even more so, I think the Trump administration, particularly Elon Musk, did not understand the psychology of this doge craziness.
Yeah. And this is so different than before. Partly it's tariffs, but even more so, I think the Trump administration, particularly Elon Musk, did not understand the psychology of this doge craziness.
You know, they're so eager to show that they are cutting all of these federal jobs. But what it's really doing is freaking Americans out, even if you don't work in a federal government sector. You know, I've heard from daycare workers who suddenly say, wait a minute, if a bunch of people in my area lose their job, does that mean they're not going to take their kid to daycare anymore?
You know, they're so eager to show that they are cutting all of these federal jobs. But what it's really doing is freaking Americans out, even if you don't work in a federal government sector. You know, I've heard from daycare workers who suddenly say, wait a minute, if a bunch of people in my area lose their job, does that mean they're not going to take their kid to daycare anymore?
You know, they're so eager to show that they are cutting all of these federal jobs. But what it's really doing is freaking Americans out, even if you don't work in a federal government sector. You know, I've heard from daycare workers who suddenly say, wait a minute, if a bunch of people in my area lose their job, does that mean they're not going to take their kid to daycare anymore?
And so I lose my job or restaurant workers thinking the same thing. Wait a minute, are all these people not going to come out for their birthday dinner anymore? And so my job's on the line or my hours get cut back.
And so I lose my job or restaurant workers thinking the same thing. Wait a minute, are all these people not going to come out for their birthday dinner anymore? And so my job's on the line or my hours get cut back.
And so I lose my job or restaurant workers thinking the same thing. Wait a minute, are all these people not going to come out for their birthday dinner anymore? And so my job's on the line or my hours get cut back.
What's different now than what I was seeing even a couple of weeks ago is when you look at these consumer sentiment surveys that are really in the dumps now, you know, people are very afraid. People, this is the vibe session. Trump is in a vibe session, let's call it. People, when they're asked, do you think unemployment will go up?
What's different now than what I was seeing even a couple of weeks ago is when you look at these consumer sentiment surveys that are really in the dumps now, you know, people are very afraid. People, this is the vibe session. Trump is in a vibe session, let's call it. People, when they're asked, do you think unemployment will go up?
What's different now than what I was seeing even a couple of weeks ago is when you look at these consumer sentiment surveys that are really in the dumps now, you know, people are very afraid. People, this is the vibe session. Trump is in a vibe session, let's call it. People, when they're asked, do you think unemployment will go up?
in six to 12 months or do you think you will financially be worse off? There's been this crazy spike in people who think they or someone they know is going to lose their job very soon and that their finances are going to be worse off. And that was different. Under the Biden administration, a lot of people gave very poor grades to the economy. They didn't like the economy. They were very worried.
in six to 12 months or do you think you will financially be worse off? There's been this crazy spike in people who think they or someone they know is going to lose their job very soon and that their finances are going to be worse off. And that was different. Under the Biden administration, a lot of people gave very poor grades to the economy. They didn't like the economy. They were very worried.
in six to 12 months or do you think you will financially be worse off? There's been this crazy spike in people who think they or someone they know is going to lose their job very soon and that their finances are going to be worse off. And that was different. Under the Biden administration, a lot of people gave very poor grades to the economy. They didn't like the economy. They were very worried.
But when they were asked, are your personal finances going to be better off in six to 12 months? The vast majority of people would say yes.
But when they were asked, are your personal finances going to be better off in six to 12 months? The vast majority of people would say yes.
But when they were asked, are your personal finances going to be better off in six to 12 months? The vast majority of people would say yes.
And now, what do you do? What do you do if you think there's going to be a recession or you might lose your job, right? People are pretty rational about this. And of course, they stop booking vacations. They stop going out to eat as much. You know, they start cutting back.
And now, what do you do? What do you do if you think there's going to be a recession or you might lose your job, right? People are pretty rational about this. And of course, they stop booking vacations. They stop going out to eat as much. You know, they start cutting back.
And now, what do you do? What do you do if you think there's going to be a recession or you might lose your job, right? People are pretty rational about this. And of course, they stop booking vacations. They stop going out to eat as much. You know, they start cutting back.