I didn’t take this job in order to write about the improving United States economy, I was given an opportunity based on the sorry conditions facing this nation and the monkeys responsible. I had hoped to speak of all ills with a keenly edged vitriol that bristled with fire and brimstone, imagine my shock as once again today I am kept from this and forced to report ever brightening reports on the future of the US economy. [Read more…]
Consumer Confidence Plummets to 46 after a 3 Month Upturn
I have roughly the same faith in the economists who had predicted that The Conference Board’s Consumer Confidence Index would fall slightly from 56.5 to 55.0 as I do in the American consumer’s ability to gauge the direction the economy is headed.
While the US consumer drives the economy I would sooner drive a Toyota then allow them to essentially determine the course of this recovery with fickleness. Remember the US consumer is also the reason for the Oreo Pizza and Jimmy Dean’s Microwavable Chocolate Chip Pancake Wrapped Breakfast Sausages on A Stick. [Read more…]