Considering how much doom and gloom the politicians are spreading around, you'd think the American consumer would be virtually suicidal. Nope. Not even close.
This Bloomberg News report says the Conference Board's consumer confidence index rose 5 points in August, after rising in July. This is nearly a 10% increase. They credit easing in gasoline prices and a lessening of home market problems. Go here to see the Conference Board's website.
I predict politicians, particularly Democrats, will continue to tell us that we are all going to hell in a handbasket. As is usual with politicians, if you can see their lips moving, they are lying.
