Consumer Confidence Up

Published on July 25, 2006 By Island Dog In Politics

What will the gloom and doom liberals complain about now? Even gas prices aren't affecting Americans as bad as they hoped.

NEW YORK — American consumers shrugged off higher gasoline prices in July and grew a bit more optimistic about the economy, a private research group said on Tuesday.

The New York-based Conference Board said its confidence index rose to a better-than-expected reading of 106.5 from a revised 105.4 in June. Analysts had expected the index to fall slightly to 104.

http://www.foxnews.com/story/0,2933,205454,00.html

Comments

Island Dog

on Jul 25, 2006

UBoB

on Jul 25, 2006

I know I got a $9000 increase on the credit limit of two different credit cards so naturally, I've been spending more, more, more. Maybe that has had an effect of the the index.

MasonM

on Jul 25, 2006

ssssssh, don't tell Col Klink, it would break his heart.

kingbee

on Jul 25, 2006

I know I got a $9000 increase on the credit limit of two different credit cards so naturally, I've been spending more, more, more. Maybe that has had an effect of the the index

seems like if you had 20 more cards like that--thus increasing the amount of cash you'd be able to invest in growing our economy by about $100,000--you'd deserve to benefit from some of them top tier tax breaks.

UBoB

on Jul 26, 2006

My thoughts exactly. I think a willingness to accumulate another 100 grand of revolving debt should have some benefits

kingbee

on Jul 26, 2006

I think a willingness to accumulate another 100 grand of revolving debt should have some benefits

damn straight. if it's good enuff for policy makers it's good enuff for everyone. money's no more useful than plain ol paper when its being held against its will in a vault.

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