Skip to comments.US: Consumer Confidence scares at 65.1 in November
Posted on 12/27/2012 7:18:37 AM PST by John W
FXstreet.com (Barcelona) - A fall of 6.4 points in November was registered by the Consumer Confidence indicator released by the Conference Board. Data fell from 75.1 (revised from 73.7) to 65.1, coming much lower than the expected 70.3.
What will the lame duck President do about that?
Silly Freeper, Obama will blame the Republicans!
Market dropped 90.
Personally, my confidence is very high. I’m highly confident that obama will steer us over the fiscal cliff...and will be happy to do so. I’m confident, too, that once that is done he and his cronies will destroy the already debased dollar creating the greatest panic this country has ever seen.
The tax hikes will be bad and then they’ll get their health insurance bill. That’s if they’re lucky. If they’re unlucky they’ll get laid off or get put on part time.
This parallels the decline during the last debt ceiling crisis in July/August 2011
So do I. Romney and the Republicans lost after looking like they were making a competition of it near the end, so the Republicans in the electorate lost confidence. If Romney had won confidence would be up. Therefore it is the Republicans' fault. < /almost sarcasm>
Too bad this worthless piece of human debris isn’t a lame duck president.
Not the reason. The Dow tanked after a "senior Democrat predicted the economy will go over the fiscal cliff due to failed talks"
I wish I could remember, I have been in a stupor ever since DumBO was reelected.
The talking heads on TV are blaming the shooting in CT for the bad retail numbers! Everything is spun to further the liberal agenda. Now, if we just had gun control, higher taxes, and national health care consumer confidence would soar, right? *gag*
Surprisingly there is little to no mention of the possible effect of the tidal-wave of layoffs immediately following the election triggered in part by the realization that job-killing Obamacare was not going away.
wait until these Obama voters with jobs find out that their ‘free healthcare’ will take up as much as 9.5% of their paychecks.
They won't make the connection. Hells bells, most of these dim bulbs don't understand the difference between their paycheck and after tax take home pay.
My BIL is married to a NEA teacher (rabid lefty). She's about to retire after 30 years and she still doesn't understand what it costs an employer to have someone on the payroll. Dumb as a box of rocks in that regard.
He'll practice his chip shot in Hawaii.
well, when you have built in COLA raises, and your on the gubmint dime, inflation don’t matter much.
Cost of Living can go up 200% and the NEA will ensure you get a 200% raise, but it’s not a raise see... if you think it’s a raise, then your a racist.
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