Truthmatters
Diamond Member
- May 10, 2007
- 80,182
- 2,272
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- Banned
- #61
Consumer confidence numbers matter BIG TIME..
You people will lie about ANYTHING
You people will lie about ANYTHING
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Your link, your link, why has it forsaken you...
But confidence is still far below whats typically seen in a healthy economy. And Americans mood could sour again if they start to feel more nervous if the debt crisis in Europe deepens and spreads to the U.S. On top of that, shoppers still face big obstacles higher costs on household basics and a still-slumping housing market.
It seems you didn't read the entire article.
Again.
How does this article not say what it itself claims it says in the articles headline?
You just live in a fantasy land
Consumer confidence numbers matter BIG TIME..
You people will lie about ANYTHING
OK, so some fringe dudes saw the writing on the wall that year and you think this is a prediction? That's just common sense. Anyone paying attention saw it was going to happen that year in the months leading into it.
Ron Paul and Peter Schiff, had been howling about it since 2003 and were labeled cooks and crack pots.
I predict I'm going to take a shit in the next 20 minutes. I'm sure i'll be right.
why do you think consumer confidence moving higher and the economy still having room to grow are mutually exclusive?
because they listed the group who did the survey and you can go look it up
Consumer confidence was 108 in 2007.
Food for thought...consumers don't know jack.
Their spending IS where the recovery will come from you fool
wow a fool who thinks consumer spending doesnt drives the economy
Consumer confidence numbers matter BIG TIME..
You people will lie about ANYTHING
People who rushed to snag discounts on TVs, toys and other gifts are quickly returning them for much-needed cash. The shopping season started out strong for stores, but it looks like the spending binge has given way to a holiday hangover.
"When the bills come in and the money isn't there, you have to return," says Jennifer Kersten, 33, of Miami. She spent $300 the day after Thanksgiving on books, movies and clothes for her nephews. Last week she returned half of it.
Returns are expected to reach $217 billion, up 14% from last year.
Two things we should be able to clear up here. One is that consumer sentiment is in fact important because it grows as economic activity increases. The other is that consumer sentiment--why do you think consumer confidence moving higher and the economy still having room to grow are mutually exclusive?
wow a fool who thinks consumer spending doesnt drives the economy