The bulk of your never ending report is about people's "feeling." What is noticeably absent is data about wage growth. What you'll find when you look for articles on wage growth is hundreds if not thousands of articles about wages remaining stagnant. You also don't hear about that 4 to 5 percent growth in GDP your "friend" predicted. Why? Because it's actually at about 2 percent right now. Although the tax cuts were paid for by the absurd numbers your "friend" projected, which isn't occurring. It's not as if the CBO didn't tell them the numbers were phony because they did. Now the debt is booming to pay for your corporate tax cuts. You also don't hear a lot about the fact long term bond yields are flat lining. That means people don't trust the long term future.
Why is that?
Well aside from the fact our country is now driven by authoritarian pathology, the tax cuts didn't increase wages. They gave out one time bonuses to employees, which are fractions of a penny on the dollar from the tax cut windfall.
If the money didn't go back into wages was it invested back into the companies? No. Across the board the money went to what every independent economist said it would go to. Stock buy backs, which have fueled a demand and driven the market up. The market was of course anticipating this so it's been up since Trump elected. But the money for schools, roads, and social security will dry up. And consistent provocations of our president will further create uncertainty and anxiety. That's real.
But other than that people are great with everything just like you said.
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