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Nov
30

Consumer Confidence increases again

Posted under Vero Beach Real Estate by admin
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Index hits highest point in five months as more consumers say they expect tangible improvement within six months.

 Consumer Confidence increases again  Consumer Confidence increases again  Consumer Confidence increases again981128d788d879c Consumer Confidence increases again


  1. Jack Schitt Said,

    Can you please explain to me how these items are supposed to increase consumer confidence?
    And get people to start spending again?

    Food stamp increases and extensions of unemployment benefits

    1000 Dollar a year tax credit….(whoopee /sarcasm) 500 for people under 75k

    $3 billion is earmarked for state and local law enforcement (Thought Obama just SPECIFICALLY SAID there were no earmarks?)

    $7 billion to states that adopt reforms that make it easier for part-time workers, low-wage earners, and women to qualify for benefits.

    tens of billions in "state stabilization" money, to fund grants for education and to patch holes that have emerged in many state budgets

    And…

    Mark Zandi, chief economist at Moodys.com (NYSE:MCO – News), says that IF the package works according to Washington’s plan, unemployment insurance claims should start to drop in the summer and continue through the fall.

    IF is the keyword here, but then again, what does washington ever do that works as planned…

    So if it doesnt, does it mean its a failure? And will the left admit it, or just say they havnt done enough?

    http://news.yahoo.com/s/bw/20090211/bs_bw/feb2009db20090210042778

  2. FozzieBear Said,

    They aren’t. It’s just payback for all of the votes that were drummed up.

    .
    References :

  3. Thomasina Paine Said,

    They’re not – they are to bankrupt this country.
    References :

  4. Reporter X Said,

    There’s only one boat. We’re all in it together, so why are so many conservatives pouting in the corner, awaiting disaster so they can say "I told you so"?
    Pick up an effing bucket and help out already.
    References :

  5. zaza Said,

    It’s a welfare plan. Keep them dependent and they will vote for you again.
    References :

  6. Alan S Said,

    it’s a stimulus package meant to address a broad scope of problems we are currently facing. It’s meant to touch virtually every corner of America. That probably doesn’t give you the answer you want to hear (maybe there isn’t a satisfactory one for you anyway) but that’s the best I can tell you.
    References :

  7. image7070 Said,

    Consumer confidence is at an all time low and I don’t see it getting better with this spending package. I wouldn’t mind a stimulus package that actually helps the small business owner with a tax break and perhaps he/her could hire more people. Or how about something that would help the housing market?
    So much for helping out the constituents. this is all about Dem’s favorites being earmarked!!!! its become such a joke.
    References :

  8. Buddy Said,

    Because Obama said it will…..this is not going to work if it would it would have worked in the 30′s and when Bush did it. Government over spending doesn’t fix government over spending
    References :

  9. PragmaticRadical Said,

    food stamps and unemployment benefits are not meant to create consumer confidence. they are meant to keep people from be put out on the street starving.

    they are also incredibly stimulative to the economy. there is no doubt that if someone is in need of food stamps that they will spend that money on food and other necessities. if given nothing then all those "consumers" will not be able to spend a dime.

    the grants for education will create construction jobs in the short term and better prepared students and workers in the long term. it is a win win.
    References :

  10. Daze Said,

    Easily…

    -Foodstamps/unemployment: People can continue to pay their bills, buy food, necessities,etc… perhaps not add to the homeless population, thats always good for confidence.

    -1000 dollars a year isnt winnning the lottery true, but it sounds like mom & dad still pay your bills dont they? 1k means alot to me and too many others, dont be so snobby.

    - state and local enforcement: many counties, towns, states, etc… are woefully underbudgeted for their law enforcement. this is money that allows them to hire new cops (which they need) and make sure our nation is safe. new jobs and safety= confidence.

    - benefits for pt/women/etc: Are you kidding? If you now have health insurance, paid time off, other benefits you life becomes easier… seriously, have you ever worked? paid bills?

    -state money: if they dont get it, then they layoff… and our unemployment goes even higher. It allows states to stabilize themselves, which is necessary

    All these things restore confidence in one way or another.
    The only thing is, the bill might even need to be bigger…
    References :

  11. jake f Said,

    unemployment claims should start to drop? Citi, Sony and many other mega businesses announced layoffs in the last 3-6 months that were suppose to take place within the year. Business has not improved, it has tumbled way before the layoff quotas were met. Can anybody honestly think things will get better with nothing to drive the economy? When you push over the dominoes, you have to reset them by standing the first one up first, hence, when the housing market resets, so will the economy. We need to let the rest of the dominoes fall before we start trying to fix them.

    edit: The goverment thinks if they can slow the process they can avoid riots and mass turmoil, they know they can’t fix the problem.
    References :

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