Thanks Barack… Consumer Confidence Nears Record Low

Thanks Barack.

(ABC News)

Consumer confidence is nearing a new record low.
Yid With Lid reported this from ABC News:

Consumer confidence is within striking distance of its worst in weekly polls since late 1985 for the third straight week.

The ABC News Consumer Comfort Index stands at -52 on its scale of +100 to -100, 2 points from the lowest on Jan. 25. The index has spent the last three weeks below -50, territory it’s seen only 14 times in over 1,220 weeks of polls, with eight of those coming this year alone.

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