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US Consumer says Obama Economy Stinks

Discussion in 'U.S. Politics' started by asur, Feb 23, 2010.

  1. asur

    asur Well-Known Member

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    The Conference Board Consumer Confidence Index® Declines Sharply

    February 23, 2010

    The Conference Board Consumer Confidence Index®, which had increased in January, declined sharply in February. The Index now stands at 46.0 (1985=100), down from 56.5 in January. The Present Situation Index decreased to 19.4 from 25.2. The Expectations Index declined to 63.8 from 77.3 last month.


    Lowest reading in 27 years I hear.

    The US Consumer apparently isn't fooled by Obama's Lie of a Recovery!
     
  2. rationalist

    rationalist Well-Known Member

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    yeah, bring back Bush

    he knew how to run an economy

    Into the ground
     
  3. asur

    asur Well-Known Member

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    It's all Obama now rational.


    It's not pretty and this joke they call an economy
    is on you 2!
     
  4. Mr. Shaman

    Mr. Shaman Well-Known Member

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    Gee.....no reference/link.

    Whatta shocker.

    :rolleyes:
     
  5. Mr. Shaman

    Mr. Shaman Well-Known Member

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    Yeah....thanks for the clean-start.

    [​IMG]

    :rolleyes:
     
  6. asur

    asur Well-Known Member

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  7. GenSeneca

    GenSeneca Well-Known Member

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    [​IMG]

    And mine is from the CBO, not the CPUSA... :rolleyes:

     
  8. asur

    asur Well-Known Member

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    Looks like Wall Street might be starting to agree with the consumer.

    This economy is broken and it's Obama's fault.
     
  9. asur

    asur Well-Known Member

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    rationalist wrote -
    You are resorting to name calling rather than discussing
    anything related to the thread.

    Take your rationalist hate to some other thread please.
     
  10. rationalist

    rationalist Well-Known Member

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    You post as though Obama inherited a surplus and squandered it when that is exactly what Bush did.

    If you don't want to be ridiculed don't be ridiculous
     
  11. asur

    asur Well-Known Member

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    Obama spent like a fool to pursue a socialist agenda
    and in the process he made Bush look thrifty.

    The US economy is a joke right now, thanks to Obama's
    selfishness.
     
  12. PLC1

    PLC1 Moderator Staff Member

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    Is it your contention that, when the consumer confidence index is low, it is the fault of the president?
     
  13. asur

    asur Well-Known Member

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    Anybody with common sense saw that Obama was all wrong for business
    and improving an economy.
    Fortunately, he has the media covering for his bad performance and
    failure. There will be no recovery under Obama and it's all about
    him and his reputation now.

    Stimulus spending in Obama's own words was a gamble that was worth it only
    if it prevented unemployment. But now if you are honest you know the
    economy has not improved. However he lies to cover his mistake
    just asking for people to despise him.

    Things progressively got worse under Jimmy Carter, so it has happened
    before. Just watch the repeat.

    [​IMG]
     
  14. PLC1

    PLC1 Moderator Staff Member

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    OK, I'll take that as a yes.

    Now, 27 years ago, when the consumer confidence index was at an equally low point, was that the fault of the POTUS at that time also?
     
  15. asur

    asur Well-Known Member

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    PLC1 - The consumer confidence index was at a low point under Carter in 1980. It
    was Regan who eventually turned it all around.

    http://www.nytimes.com/2008/05/17/business/17econ.html

    It was Carter's fault and people don't like to talk
    about it now, but Carter did not give people confidence.

    He spoke to the US people on TV telling then to wear sweaters and turn the heat down to help reduce our usage of oil. That alone was enough to prove
    his lack of positive solutions. Carter had no solutions just like Obama has
    none for fixing a broken economy.

    But it's really different because I believe Obama is so much
    more dangerous at this time. He will spend, spend, spend
    until he's thrown out.
     
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