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Political Discussion
Reply to "May CPI 8.6%"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]U Mich consumer confidence survey came out - lowest numbers in the history of the entire survey. Consumers are hanging on by a thread. This economy is about to fall off a cliff. [/quote] And yet, unemployment is at historic lows, people have to much money to spend, and employees are demanding higher wages. But yes, the economy is about to fall off a cliff.[/quote] Unemployment is a misleading stat-it does not account for part-time vs full-time, underemployment, those that have given up finding employment, contract/seasonal workers who have lost clients, or those making under a certain amount.[/quote]
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