economic anxiety
Coverage of economic anxiety in the Nexus archive.
- Prabowo’s popularity slides in Indonesia amid economic anxiety, policy concerns
Indonesian President Prabowo Subianto’s approval rating has declined from 81.2% in November to 51.1% in a recent SMRC survey, driven by voter concerns over household finances and government effectiveness despite his welfare and village-economy agenda. Dissatisfaction with his performance increased from 16% previously.
- Why is ‘doomspending’ on the rise? | Sean Monahan
Doomspending, a term for frivolous spending without concern for future financial consequences, is rising among young westerners. A 2024 Credit Karma survey found 27% of Americans, 37% of Gen Z, and 39% of millennials engage in it to cope with economic and global anxiety.
- White House economic director downplays economic anxiety amid higher prices
Kevin Hassett, the White House economic director, downplays economic anxiety despite higher prices and inflation. He states that real income is increasing.