Democrats’ Out of Control Spending Habits Do Not Inspire Confidence
Consumer Confidence Levels Depressingly Low in September Due to Lingering Economy Fragility
DC DEMOCRATS STILL DON’T GET IT: With one failed stimulus package under their belt, Washington Democrats are in a desperate scramble to gain support for another massive spending spree with Democrat leaders like Steny Hoyer outrageously claiming that the first stimulus benefitted the economy:
MADE IN WASHINGTON, DC: However, Americans continue to show low confidence in an economy that is crippled by rising prices for everyday items and extreme market volatility even after a nearly $1 trillion dollar stimulus:
“It’s not hard to see why consumers are freaked out about the U.S. economy. Net job creation came to a halt in August in the U.S. The official unemployment rate stayed at 9.1 percent. And consumers are facing higher prices for everything from food to clothing as retailers try to offset their rising costs for labor and materials.”
(“Consumers’ confidence remains unchanged in September, after dropping in August,” Associated Press, 9/27/2011)