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To: Son House
They can talk about green shoots all they want but until private enterprise starts to hire and gas prices fall to a more manageable level you are going to see declining consumer confidence. Its my opinion that this combination is going to be their death kneel.
6 posted on 10/28/2009 4:10:50 AM PDT by RU88 (Bow to no man)
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To: RU88

re: to see declining consumer confidence

And that in turn leads to less consumer spending, which in turn leads to more down numbers which in turn lead to declining consumer confidence numbers.

OK class, here’s your assignment. Can you spot the pattern here? If so, do you think it’s a good pattern or very worrisome pattern.

Extra credit: Tell us how the recession can end with several hundred thousand jobs a week being lost, the deficit rocketing to new highs and the printing presses working full time to print money that is backed by nothing.


8 posted on 10/28/2009 6:00:20 AM PDT by jwparkerjr (God Bless America, and wake us up while you're about it!)
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