Both Consumer Confidence And The Labor Participation Rate Are At A 30 Year Low ... That's Not A Coincidence



A new poll from Thomson Reuters and University of Michigan shows that consumer confidence is the lowest its been for 30 years.

A new report from Wells Fargo Securities shows that the labor participation rate is also "at a 30-year low".

That's not a coincidence.

If people can't find work, they'll have no confidence in their ability to pay for the things they want or need, or in the economy as a whole.

The administration - despite its rhetoric - is doing nothing to decrease unemployment (and see this), and is solely helping the super-rich at the expense of everyone else.

Given this situation, it shouldn't be a huge surprise that:

Comments

Popular posts from this blog

“The Gap Between Americans Who Want To Govern Themselves And Politicians Who Want To Rule Over Them May Be As Big Today As The Gap Between The Colonies And England During The 18th Century … The American People Don't Want To Be Governed From The Left, The Right, Or The Center. They Want To Govern Themselves”

The London Tornado of 1091

Regency England as a Backdrop for Romance By Christy English