Quote:
Originally posted by taxwonk
The consumer confidence index is based on more than just how consumers feel about the economy in a general sense. It is based on a poll asking five specific questions ceoncerning the respondents' feelings about income and employment prospects as well. If you don't think you're going to get a raise, or you don't think your kid, who is graduating this year, will be able to get a job and go off the tit, then you will have a negative impact on consumer confidence. It is not diirectly tied to whether or not you plan to buy a new Xbox.
Linky
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Damn you yankees. This is exactly what I explained. Don't you understand anything about raising cotton? It's all about what kind of crop you're going to have.
By the way, in a year with a good crop, I'm going to see my lawyer about squeezing out that sharecropper and taking back my land. Isn't that the kind of thing ya'all do?
