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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: SilentZ who wrote (190331)6/12/2004 4:33:46 AM
From: tejek  Read Replies (1) | Respond to of 1586759
 
More bad luck........won't it ever stop? Probably not!

*****************************************************

Confidence Near a 2004 Low

By Dalia Sussman, ABCNews.com

N E W Y O R K - Consumer confidence treaded water this week near its 2004 low, perhaps pulled by competing economic trends — a better jobs picture on one hand, but high prices for items such as gasoline and milk on the other. The ABC News/Money magazine Consumer Comfort Index stands at -19 on its scale of +100 to -100. That’s about what it was last week, -18, but down eight points in the last three weeks and just three points from its lowest of the year, -22 in mid-March.

The ABC/Money index is 16 points down from its 2004 peak, -3 in mid-January; and 10 points below its long-term, weekly average since December 1985.

The federal government last week reported strong jobs gains in May, building on March and April advances for a total of 947,000 new jobs in the last three months. But on the negative side gasoline prices are averaging $2.03 a gallon, up 35 percent so far this year; and milk is $3.43 a gallon, up 12 percent.

Not coincidentally, 34 percent of Americans call it a good time to buy things, matching the fewest since March 2003, and 33 percent say the economy’s good, seven points below average. Fifty-four percent say their finances are OK, three points off the average.

Copyright 2004 ABC News.



To: SilentZ who wrote (190331)6/12/2004 7:42:08 AM
From: Road Walker  Read Replies (1) | Respond to of 1586759
 
Zo,

re: (It was really an AP news story)

Then I'm sure they made it up. I read it when it first "broke" on the BBC site. It's a report from the International Institute for Strategic Studies, very highly respected; Rummy spoke to them recently.

DR is in drnile. When he can't confront facts, he resorts to character attacks and insults; against AP, or "liberals", or individuals... whoever. That's what the far right does. If you take away the liberal bashing there is not much left from a logic perspective. They don't care, as long as there are enough people without the time or inclination to think things through.

It's pretty effective. "Never over-estimate the intelligence of the American public" is an old advertising/marketing saying. Rush Limbaugh's popularity is a perfect example of the principle in action. Always play to the lowest common denominator because that's where you will find the largest receptive audience.

John