CONSUMER CONFIDENCE SHAKEN – AT 10:36 A.M. ET:  Rasmussen reports that the confidence of the American consumer has seen better days:

The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, fell four points on Sunday wiping out a modest bounce from the previous three days. At 78.5, the Consumer Index is down six points since the disappointing jobs report was issued last week and confidence is now at its lowest level in two months...

...Just 32% of Adults now believe their own personal finances are in good or excellent shape while 25% rate their personal finances as poor. Those figures are essentially unchanged from the beginning of the year. The number who rate their own finances as good or excellent is down eleven points from the night in September 2008 when Lehman Brothers collapsed to begin the financial industry meltdown.

COMMENT:  Where is this recovery?  Where is the stimulation from the stimulus package?  Without an improvement in the employment picture, no solid recovery is possible, and employment is in the doldrums.

Everyone, of course, knows that BUSH (!!) is the cause of all this.  And Cheney, too.  And Cheney's kids. 

June 13,  2010