Rasmussen: Investor confidence hits 2010 low

[red states rule]

One poster here kept telling us how candidate Obama had a "shitload of economic experience" and that experience is showing thru once again

Now Investor confidence has hit a low for 2010. As the economy tanks, people lose their jobs, people give up looking for work, and retail sales remain weak - the suckers who voted for Obama get another dose of that hopey changey stiff

The Rasmussen Investor Index, which measures the economic confidence of investors on a daily basis, gained three points on Saturday after falling to its lowest level of 2010 yesterday. At 80.9, investor confidence is down slightly from a week ago, down 11 points from a month ago and down 24 points from the 2010 high water mark reached in May.

The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, rose three points today after falling to a recent low yesterday. At 74.6, the Consumer Index is up just a point from last week, down nine points from a month ago and has returned to levels found in the beginning of the year.

Among all adults nationwide, just 10% rate the economy as good or excellent while a majority (57%) rate it as poor. Just 28% of adults feel economic conditions in the country are getting better, showing little change from the beginning of the year.


http://www.rasmussenreports.com/publ...consumer_index

[KarlMarx]

Sure he does. If you consider Leninist/Marxist ideology economic experience.

Obama has, in eighteen months of office, replaced hope with despair, confidence with fear and, if he is allowed to continue doing what he intends to do (along with the Democrats in Congress) poverty with prosperity.

The only way that things will turn around is when Obama and the Democrats are overthrown and replaced with level headed conservatives.