Page 22 - Fighting Ground News Today

this week we learned that the measure of consumer confidence fell for the fourth month in a row to its lowest levels since january. you may disagree with why its down. but, again, the customer who in this case is the american consumer is always right when it comes to the economy. why? because if americans are worried about the economy, they delay making important purchases and a perceived economic slowdown can easily become a reality. okay. so its happening. but why? well, probably the...

proof. thats fair. so here you go. you probably know that more than any other developed nation, the u.s. economy is driven by its citizens and on how confident they feel about their future. this week we learned that the measure of consumer confidence fell for the fourth month in a row to its lowest levels since january. you may disagree with why its down. but, again, the customer who in this case is the american consumer is always right when it comes to the economy. why? because if ame...

Continuing resolution. in the process of doing that, democrats and republicans both agreed they needed to cut the budget somehow so they agreed to about $10 billion in cuts. so far, as theyve extended this. now the house republicans have passed the version of $61 billion in cuts, eliot, and this is the fighting ground right now. >> you know, it is -- youre absolutely right. people shouldnt get confused between these continuing resolutions that will carry us through october and next years budget ...

Burrito burritos, sir? >> when you have unemployment at these sorts of rates, 9% or 10%, 8% in the european union, and you have people like ben bernanke coming out and saying theres going to be no massive reduction in unemployment any time soon, im paraphrasing what the chairman of defense said. every job in every case is going to become a fighting ground. >> youre right. >> and whoever ends up with it, whoever, under what circumstances and what a pay package, thats going to be controversial. >>...