Hey Washington! Economy has us very worried
"Then, ABC News reported that its Consumer Comfort Index plunged to the minus-50 mark and now hovers just four points from its record low.
The Conference Board survey is particularly interesting because it's broken up into two components.
The 'Present Situation Index' -- meaning, how's your life today? -- dropped nearly six points to 19.4.
But the 'Expectations Index' of how those surveyed believe the economy will be six months from now declined a whopping 13.5 points.
Holy crisis!
Even with the stock market still bubbling and media trying its damnedest to convince us at least a million times a day that there's an economic recovery, the American public isn't buying it.
Worse, we've become a clinically depressed nation that doesn't think the situation will ever get better.
OK, so what's really going on?
Well, this is what you get when the government lies to people and when those in elected office believe their own fibs."
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