Friday, June 01, 2012
A No Confidence Vote For Obamanomics - Investors.com
This article also touches on one of my pet peeve subjects.
The liberal media describes every bad economic statistic as "unexpected", or a "surprise".
That's really getting old...
The liberal media describes every bad economic statistic as "unexpected", or a "surprise".
That's really getting old...
Investors.com has some devastating comparisons on this measurement:
"First, it's worth noting the index has fallen for three months. Even if it had hit forecasts, it would still be well below 90, which signals a healthy economy. The current reading is worse when you realize that under President Bush — you know, the guy who Obama says ruined the economy — confidence averaged 88. That's despite two recessions, a terrorist massacre and two long wars. Throughout Obama's 'recovery,' the index has averaged 57. To really get a sense of how dismal Obama's confidence ratings have been, you need to compare them to those during the Reagan recovery (for a visual display, see chart)."