U.S. Consumer Sentiment Fell to Lowest Since 2003

[meisje]

This was on Yahoo's front page at 4:00EST, gone now!

Oct. 15 (Bloomberg) -- A measure of U.S. consumer confidence fell this month to the lowest level since April 2003, as energy prices rose, job growth slowed, and negative presidential campaign ads filled the airways.

The University of Michigan's preliminary sentiment index dropped to 87.5 from 94.2 in September. Economists forecast a reading of 94, the median of 53 projections in a Bloomberg News survey. Estimates ranged from 92 to 96.

http://quote.bloomberg.com/apps/news?pid=10000103&sid=aHpE4ErdKZKw&refer=us

[ClintonTyree]

1. Our President..............

says everything is coming up roses. Who are you going to believe? Me too.

[acmavm]

2. But RETAIL SALES ARE UP , DAMMIT, everything's just friggin peachy.

Just ask bush* & Greenspan.

What a fucking combination. An idiot and a geez that's probably two years past alzheimers. He's been saying the same frigging shit for so long some on ought to belt the guy and unstick his needle.

[goforit]

3. This is not good folks!

[nothingshocksmeanymore]

4. Wow Bush is breaking his own negative records

[featherman]

5. This is an important number...the last before the election

and consumer confidence is sinking. 100 is the median and it was over this and as high as 115 earlier in the year. This is EXTREMELY bad news for Bush and possibkly for other incumbents as well. I personally doubt that any President could get reelected with the CCI sinking like a stone.
We shall see.

[DS1]

6. Part of me dreads a Democrat having to come in and fix all this crap

He'll be slaughtered and blamed for EVERYTHING the Chimp's set up to go belly up.