We're going to talk ourselves into a depression

Consumer sentiment is the worst since June 1980?! You have to be kidding me! The consumer one year inflation estimate is 5.2%. Consumers are wrong -- that number is way higher than it's actually going to turn out to be, but let's take it at face value. In 1980 inflation was 10.3%. And unemployment went up from 5% to 5.2%. Well unemployment was above 5% for most of the Clinton years. And in 1980 it was 7.1%. People just need to take a chill pill before they turn a bad economic situation even worse.