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Thread: Consumer confidence strongest in over five years in May

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    Consumer confidence strongest in over five years in May

    The Conference Board, an industry group, said its index of consumer attitudes jumped to 76.2 from an upwardly revised 69 in April, topping economists' expectations for 71. It was the best level since February 2008.

    Consumer confidence strongest in over five years in May | Reuters

    More bad news for Republicans but GREAT news for the rest of us. Consumer spending makes up 75% of our economy.


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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    The Conference Board, an industry group, said its index of consumer attitudes jumped to 76.2 from an upwardly revised 69 in April, topping economists' expectations for 71. It was the best level since February 2008.

    Consumer confidence strongest in over five years in May | Reuters

    More bad news for Republicans but GREAT news for the rest of us. Consumer spending makes up 75% of our economy.





    Why would this be bad news for Republicans? All you folks on the left have been complaining about how Republicans have stood in the way of legislation that would get things moving. If Republicans blocked everything, how can the left take credit?

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    Re: Consumer confidence strongest in over five years in May

    It is not bad news for republicans at all. The more you spend, the happier the top 1% are as they pocket your money. The rich are getting richer thanks to President Obama. Eventually you will figure out the game is rigged, but keep on thinking you're making a difference voting for the dems. Obamacare is going to create a ton of happy millionaires.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by ocean515 View Post



    Why would this be bad news for Republicans? All you folks on the left have been complaining about how Republicans have stood in the way of legislation that would get things moving. If Republicans blocked everything, how can the left take credit?
    Because the Dems blocked a lot too. If Republicans had their way we would be deep in another recession right now. That is what they do.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by Fisher View Post
    It is not bad news for republicans at all. The more you spend, the happier the top 1% are as they pocket your money. The rich are getting richer thanks to President Obama. Eventually you will figure out the game is rigged, but keep on thinking you're making a difference voting for the dems. Obamacare is going to create a ton of happy millionaires.
    The game is rigged by 35 years of supply side Reaganomics but at least we are not being subject to more recessions that move the goal posts even further away. That burns you up I know.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    Because the Dems blocked a lot too. If Republicans had their way we would be deep in another recession right now. That is what they do.
    But that isn't even close to reality. Republicans have been accused of standing in the way of everything. Remember, the left has taken a position of being blameless for a lack of getting anything done, so it's pretty tough to take credit today for this news your reporting.

    Sorry, but your logic is fatally flawed.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    The game is rigged by 35 years of supply side Reaganomics but at least we are not being subject to more recessions that move the goal posts even further away. That burns you up I know.
    No it wasn't rigged. But I know it's critical to agree with the training.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by ocean515 View Post
    But that isn't even close to reality. Republicans have been accused of standing in the way of everything. Remember, the left has taken a position of being blameless for a lack of getting anything done, so it's pretty tough to take credit today for this news your reporting.

    Sorry, but your logic is fatally flawed.
    The House got plenty "done" and none of it became law because of Dems. The Ryan budget would have put us into a recession.
    So the economy is recovering INSPITE of the Republicans efforts to put it back in the crapper.
    So yes, I can give the Dems credit for that.
    Last edited by iguanaman; 05-28-13 at 12:51 PM.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    The game is rigged by 35 years of supply side Reaganomics but at least we are not being subject to more recessions that move the goal posts even further away. That burns you up I know.
    Doesn't bother me at all. Reagan was an idiot; Obama is an idiot; You are, well, let's say naive, thinking you are not being lead around by the DNC which is being lead around by the nose by Wall Street just as readily as the GOP is. It is the circus part of the bread and circuses. As long as you enjoy the show and do not aspire to more, that is your right.

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    Re: Consumer confidence strongest in over five years in May

    Quote Originally Posted by iguanaman View Post
    The House got plenty "done" and none of it became law because of Dems. The Ryan budget would have put us into a recession.
    So the economy is recovering INSPITE of the Republicans efforts to put it back in the crapper.
    So yes, I can give the Dems credit for that.
    So the Democrats can hang their hats on little to nothing, yet can be proud of the impact that has had on the economy.

    You know, I'm thinking I can go along with that.

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