[George_1950]

"CHICAGO – Consumer's confidence about the U.S. economy fell unexpectedly in October as job prospects remained bleak, a private research group said Tuesday, fueling speculation that an already gloomy holiday shopping forecast could worsen.

The Consumer Confidence Index, released by The Conference Board, sank unexpectedly to 47.7 in October — its second-lowest recording since May.

Wall Street analysts predicted a reading of 53.1.

A reading above 90 means the economy is on solid footing. Above 100 signals strong growth.

The index has seesawed since reaching a historic low of 25.3 in February and climbed to 53.4 in September."
Oct. consumer confidence slips unexpectedly - Yahoo! News

[paraclete]

So where is that "yes you can" attitude now?

Are you saying that people don't believe their government? Worse still, that people don't believe in their government?

That the poor boy made good living the American dream can't do it afteral? For Shame!

[tomder55]

One of the President's main economic advisors testified bluntly last week to Congress. Obama Council of Economic Adviser Chief, Christina Romer told the Joint Economic Committee that Obamanomics was simply not working .
From Recession to Recovery: The Economic Crisis, the Policy Response, and the Challenges We Face Going Forward | The White House

The stimulus did not achieve it's purpose to bring down unemployment . Not only that ,but going forward it is not expected to improve .“Unemployment is unlikely to end 2010 much below its current levels.” In other words ;it did not have an immediate impact ;nor does she expect it to do so going forward.
That is why the President uses BS like "saving jobs"... because there is no way to qualify or quantify that guestimate. It is a $ trillion + down the crapper.

[George_1950]

So we are borrowed $1 T from the Chinese, et al, for what? And little Timmy G. is holding over $300 B, for what? What are the jackasses planning to do with all that loot?