The Idiot in the White House: Economy's Slow, But It's OK and Everthing's GREAT!!
The rest of the world: Not so much...
The Consumer Confidence Index has been weakening since July, and is watched because lower consumer confidence tends to result in lower consumer buying, which is a drag on the economy.Hmm. Could it be than when people aren't making enough money to keep up with the cost of living, or when they are put out of work because of outsourcing, or when job prospects SUCK more and more, that people just AREN'T GOING TO SPEND ANY DAMN MONEY?!
Snip!
"Consumers' outlook for business conditions, the job market and their income prospects is quite pessimistic and suggests further weakening may be on the horizon," she added.
Hmm. Yeah. It COULD be.
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