Gallup: Economic Confidence Has Gone Nowhere In A Year

'Despite the exuberance of certain government-sponsored confidence surveys, Gallup's weekly measure of economic confidence in America continues to go absolutely nowhere. As they note, so far, 2014 has been a unique year for the U.S. Economic Confidence Index in its doldrum-like range, stagnant and still negative.'

http://www.zerohedge.com/news/2014-09-09/economic-confidence-has-gone-nowhere-year

Since February 2009, when partisan views about the economy flipped after the start of the Obama presidency, Democrats have been more positive about the economy than Republicans and independents. This is consistent with the historical pattern in which partisans whose party occupies the White House are much more positive about the economy than the other party.

Further, in contrast to independents' and Republicans' net-negative view of the economy, Democrats' economic confidence score has been at least slightly positive since February 2012. The only exception to that occurred in October 2013 when it dipped to -9, as confidence dropped for all parties during the government shutdown.




U.S. Economic Confidence Index Stable in August at -16

Its a " structural / demographic " issue and not indicative of any real negative economic issues.

Baby Boomers are retiring, and the the richest 1 percent are hoarding wealth which has led to stagnant demand on a National scale....

There, did that cover it ? I was trying to condense all of the left wing mitigations down to a couple of sentences.

I feel dirty now.