Posted on 12/07/2012 7:27:35 AM PST by mykroar
Americans' outlook on the economy and their finances took a turn for the worse in early December due likely to anxiety about the potential for higher taxes resulting from contentious discussions in Washington over fiscal issues, a survey released on Friday showed.
The Thomson Reuters/University of Michigan's preliminary reading of the overall index on consumer sentiment plunged to 74.5 in early December, the lowest level since August.
It was far below November's figure of 82.7 and the median forecast of 82.4 among economists polled by Reuters.
(Excerpt) Read more at foxbusiness.com ...
Fits even better with the report from a week ago: Consumer Confidence Hits Highest Level Since February '08
Read more: http://www.foxbusiness.com/economy/2012/11/27/consumer-confidence-hits-highest-level-since-february-08/#ixzz2ENcVA6qG
Is anyone surprised?
Never in our entire History has the federal government been more evil or corrupt. The truth is that the federal government does not have the truth in them.
LLS
In a time of universal deceit - telling the truth is a revolutionary act.
George Orwell
I disagree, the Lincoln Administration was the most evil thing that ever happened, followed by the Grant administration then the Obama Administration. They are third but they are trying hard....
Yeah... well you are correct but obama has 4 more years and he isthisclose to breaking the record.
LLS
All of which pale compared to the davis regime...
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