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Politics : I Will Continue to Continue, to Pretend....
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To: Sully- who wrote (34578)3/29/2011 8:55:45 AM
From: Sully-   of 35834
 
Confidence in economy continues on the downward path

Beltway Confidential
By: Mark Tapscott 03/27/11 3:23 PM

Consumer confidence is still heading the wrong direction, at least from the perspective of President Obama's chances for re-election in 2012.

"The Rasmussen Consumer Index, which measures the economic confidence of consumers on a daily basis, fell three points on Sunday to 78.9. That’s up two points from a week ago but down one from a month ago and down five from the beginning of the year," Rasmussen said.

"Confidence reached a two-year high of 93.3 on January 7 and has been lower in February in March. Just 10% of American adults rate the U.S. economy as good or excellent. Fifty-two percent (52%) say it’s in poor shape," Rasmussen said.

For more from Rasmussen, go here.

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