Posted on 04/26/2011 7:55:22 AM PDT by Free Vulcan
WASHINGTON (MarketWatch) — Consumer confidence recovered somewhat in April, though the impact of a spike in gasoline prices is still evident, according to data released Tuesday by the Conference Board.
The confidence index hit 65.4 in April, compared with an upwardly revised 63.8 in March. That’s still below the 72.0 reading of February, as gasoline prices nationally have approached $4 per gallon.
The increase came as consumers’ 12-month inflation expectations declined to 6.3% in April from 6.7% in March. In addition, consumer views about the present situation improved.
(Excerpt) Read more at marketwatch.com ...
The emperor is naked. It’s an ugly sight.
And shortly after midnight on April 1st, the unemployment figures for March were released and guess what?? Unemployment was down!
Happy Days are here again...they keep telling us so!
Yeah, a nice $5,000 check would come in handy for me right now. How ‘bout you?
The only upside to total collapse of the government and economy is that these leeches will starve.
That only means they will be on YOUR/OUR doorsteps begging...
Income tax returns.
In my area, there are three car dealers: Chrysler/JEEP, Cheby, and Ford. Guess which one has a full lot of cars. Even at that it's all 1% over invoice and buyer keeps incentive checks. Houses aren't selling, period, nobody is building anything new, except government. Even Walmart is feeling the pinch from the taxpayer patrons (their EBT people are a monthly cyclical phenomenon).
Not likely, I live in the country and very well armed, this is one reason why. They only have to be feared when they band up in numbers, like in cities.
Now, if I were a city dweller, I’d be making some plans to get the hell out of there.
I see this like a robber coming into my house, finding a pile of cash under my mattress, and stealing all of it. Then, I come home and find out I've been robbed, but I notice that the robber dropped a $100 bill as he exited my bedroom. YEE-HAA! That $100 goes straight into my pocket and I do a dance of joy, because it's Pay Day!
How stupid is that?
But the folks who are cheered by the little tax refund are playing that exact game.
LOL. More happy talk on the USS Titanic. There's a pony in there somewhere.
X2
This is complete spin.
Yeah...I keep wondering what defines “cities”....I tried to have a conversation with my husband last night about IF the SHTF....he doesn’t see the problems I see....we live on the edge of a “city”....not a MAJOR one....but enough to concern me...
Absolutely!
This is BS - as warmer weather approaches, and people need to do more yard work, and make plans/go on vacations (spring break), more money is spent. As the vacation season begins more people are hired for seasonal employment. I’d like to know what the employment numbers look like relative to prior years when the economy wasn’t in the tank.
My criteria about cities is anywhere that has a bus or rail line to urban areas is an area I won’t live in.
Dear Madame Dufarge,
How hard is it keeping your sanity with all the transplants in your beloved Maine? G-d’s gift, Maine! The first place besides NH I saw real snow. I’ll never forget it!
Absolutely; they should just change the headline to “Americans welcome higher prices to maintain social safety net”. It would make the same statement, and be just as full of sh!t.
“If you lie to people long enough, pretty soon they believe the lies.”
That used to work when people were more insulated from the bull; nobody believes the media or The Sultan now because reality slaps them in the face every time they pull out their wallet. There is no way Obama’s media outlets can protect him from the fallout this time; they failed in 2009 & 2010, and they’ll fail in 2012.
“As warmer weather approaches, and people need to do more yard work, and make plans/go on vacations (spring break), more money is spent. As the vacation season begins more people are hired for seasonal employment.”
This hiring didn’t really materialize last summer, and will be even less this summer; the discretionary dollars, and the credit that replaced them for a while, are no longer there. On top of that, necessities are rising in price; this can only hurt luxuries (like vacations, non-emergency yard projects, and such).
And last summer they had the census jobs scam (hiring the same temp workers over and over again, and counting each time as a new hire) to inflate the numbers.
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