Tuesday, November 20, 2007

It's The Economy, You Cretinous Imbecile

The national fish wrapper, USA Today, reports on consumer confidence in the financial house of cards that is our economic system. 78% of those polled by Gallup think "things" are getting worse.USAT, which likes to "keep it simple," doesn't explain if this:
Overall, only 20% of Americans are satisfied with the direction of the country, the most dismal reading since May 1992, according to the survey of 1,014 adults Nov. 11-14.
refers only to economic factors, or if it reflects a general dissatisfaction w/ the socio-political course we seem to be on. Look for fewer jobs & higher prices though:
The Gallup data are also backed by a forecast released Monday from 50 leading business economists, who expect growth to slow significantly in coming months and inflation to tick up.
On a more positive note: Well, nothing. Not a damn thing. Nihil.

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