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Tag Archives: animal spirits

Nation’s Middle Class Chillingly Reappears Out Of Nowhere

So I’m not entirely clear on what The Onion is making fun of here, but I have a couple hypotheses: 1. (more obvious) If polls are to be believed, the economy immediately improved once Trump got elected. Yes, this seems absurd if taken literally, but I guess this is what the concept of “animal spirits” is supposed to be all about. If enough people believe that Trump will be good for the economy and act accordingly, it kind of becomes a self-fulfilling prophecy. But it still doesn’t happen...

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