Consumer Confidence: How to Ruin the Economy in One Easy Lesson

Let us go back to Senator Charles Schumer, who is the classic example out there of leftist Democrats trying to DISTORT the reality of the economy (not good, but not that bad) into a leftist fantasy (probably the warost economy EVER--at least since the Great Depression, and we are getting there fast).

One of the examples that Senator Schumer actually cited (like Barack Obama, he condemns himself out of his own mouth) is CONSUMER CONFIDENCE.  Schumer suggested that most peoiple had to be in a recession, and the economy had to be bad, when consumer confidence is so low. 

Do you know WHY "consumer confidence" figures are even reported?  It is NOT to give a picture of the current economy.  It is to give an idea of how consumers are going to SPEND, thereby giviong an idea of the FUTURE economy.  In other words, if you can reduce "consumer confidence", you can RUIN the FUTURE economny.

See my previous entries, where I suggest that leftist Democrats, and the mainstream media, do not WANT a good economy.  Their entire future is vested in the economy being BAD.

Now consider all of those "polls" (see previous entry as to my opinoion of "polls", but it hardly matters whether they are accurate for purposes of this point) telling you how BAD people think the economy is.  Generally, those polls show that MOST people are doing okay.  They are worried about OTHERS, and that they will be dragged down by the economic problems they PERCEIVE.

In other words, people like Charles Schumer, and "journalists" in the mainstream media, are CREATING low consumer confidence by FALSE statements about how bad the economy is.   This PROPAGANDA is making people nervous about the economy, and more fearful than the actual facts warrant (the actual fact being that we are in a slowdown, but that the overall economy is holding up pretty well). 

Thus, Charles Schumer, the mainstream media, and lefitsts who put out this DOOM AND GLOOM on the economy are threatening to RUIN the FUTURE economy with their FALSE overhype of how bad the economy is.  When Charles Schumer suggests that low consumer confidence is a danger to the economy, he is RIGHT (how much of a danger is another question, but at some point low consumer confidence can definitely affect the economy badly).  But people like HIM are the ones mainly responsible for a lower consumer confidence than the facts indicate is warrranted.

Q.E.D.   Leftists like Charles Schumer and the mainstream media are trying to RUIN the economy (this is before we even get to refusing to allow drilling in Anwar, and crucifying the economy on a cross of the "global warmnig" fraud).