🌐 Global Economy Apr 10, 2026 · Menzie Chinn

Republican Hopes Spring Eternal (Iran War/Economics Edition)

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Republican Hopes Spring Eternal (Iran War/Economics Edition)
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While Republicans/Lean Republican respondents to the U.Michigan survey don’t show a very different response to March/April economic events, they are remarkably upbeat on the future.


Figure 1: U.Michigan Overall Consumer Sentiment (bold black), Democratic/Lean Democratic (blue), Independent (gray), Republican/Lean Republican (red). April is preliminary. Source: U. Michigan.
The decrease in sentiment is about the same for Republicans and Democrats over the two months from February. This co

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