Consumer Confidence has dropped to a new low

It is time for President Obama to take a big hike

By Dr. Laurie Roth —— Bio and Archives--June 30, 2010

American Politics, News | Comments | Back To Full Article

Stock markets and consumer confidence have fallen to new lows in June in reflection of a massive lack of growth in jobs in the private sector. The Conference Board just reported that consumer attitudes dropped from 62.7 in May to 52.9 in June. Many are speculating now that we are in the beginnings of a depression and certainly not recovering in housing, jobs and markets.

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