Question

Why do you suppose that economists generally and more interested in the Index of Consumer Sentiment's validity than they are in its reliability as a predictor?

Short answer

The Index of Consumer Sentiment's validity than they're in its reliability as a predictor.

Step-by-step solution

Given Information

Consumer sentimentis also an idea borne out ofthe arena of behavioral economics at its modern-day (post–World War II) inception. They argued that economic processes result from human behavior—the motives, attitudes, and expectations of kinsmen influence their economic behavior.

Explanation 

When those we hold in control of the performance of the economy cannot produce process and are mired in politics, there's little reason for consumers to be optimistic.