US consumer confidence falling further

America's sturdy optimism has been a backbone of the U.S. economy. But that healthy expectation that 'tomorrow will bring a better day', seems to have crumbled post recession. A new University of Michigan's Surveys of Consumers.report shows consumer confidence is at the lowest point since November 2008 when the country was in the depths of the recession.

Press TV's Rhonda Pence reports from Washington.

Category:

News & Politics

Tags:

• US
• consumer
• confidence
• falling
• further

[dweber66]

The American economy has been in depression and "circling the bowl" for years. There will be no "recovery" this time. Bunker down folks!

[Meathead36]

Someone should tell Gary Burtless of "Brookings Economic Studies" we never left the first recession and are in fact in a depression. ALL of these lying cocksuckers are from the same club. Just read it on Wikipedia. They are anything but experts. When you interview them, expect to get lies.

[rollerpodger]

ANOTHER recession? we are STILL in a recession! you Brookings institute cuntrag

[navtel]

may slip back into recession.. what are you kidding me pal? we are in a recession/depression.. where have you been?

[eedobee]

idiot capitalists

[rickbar123]

Milton Friedman Economics - screwing the working class