Losing Faith? Democrat Confidence In The Economy Tumbles To 2014 Lows

Tyler Durden's picture




 

It appears the faithful are losing belief... Gallup reports that Democrats economic confidence has faded to its lowest since January (less than half the levels of confidence when President Obama unleashed his 2nd term).

Despite exuberance conference board (government sponsored) surveys of confidence (and seasonally adjusted happiness in PMIs and ISMs), Gallup notes U.S. Economic Confidence Index remained flat in June having hovered at this lower level for most of the year (with no post-weather rebound).

 

The outlook also remains dismal - hovering at its lowest since Dec 2013 with only 39% of Americans saying the economy is getting better and 56% saying it is getting worse.

As Gallup concludes,

The party differences in economic confidence could become especially important as midterm elections approach in November. As a whole, Americans still appear to be wary about the economy, and it may take more consistently good economic news for their economic confidence to grow.

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Tue, 07/01/2014 - 18:08 | 4915390 DIgnified
DIgnified's picture

That fucking graph. The utter disconnect from reality is amazing. 

Tue, 07/01/2014 - 18:20 | 4915432 RevRex
RevRex's picture

proof positive that Democrats are dumber than Republicans.

Tue, 07/01/2014 - 18:26 | 4915448 Ms. Erable
Ms. Erable's picture

This is the FSA's way of demanding more FS.

Tue, 07/01/2014 - 18:30 | 4915460 NoDebt
NoDebt's picture

Who are these idiot independents who think things are getting better?

Tue, 07/01/2014 - 18:34 | 4915470 Bad Attitude
Bad Attitude's picture

Wow! The Democrats sure drink a lot of koolaid.

Forward (over the cliff)!

Tue, 07/01/2014 - 18:37 | 4915483 Troll Magnet
Troll Magnet's picture

When you're living on a taxpayer's dime and have everything paid for by those working in the private sector, you tend to have a rosier outlook on things.

Tue, 07/01/2014 - 19:17 | 4915654 nmewn
nmewn's picture

Hillary & Warren 2016!

Flatbroke-a-ahontas & Onethirtysecond-a-ahontas!

"What difference does it make now!" ;-)

Tue, 07/01/2014 - 20:31 | 4915909 JoJoJo
JoJoJo's picture

Hillary stuttered while  damning the Supremes for anti pill ruling. Elizabeth Warren Ahontas should recognize that her Indian ancestors were, for the most part, anti abort. Shame on bothahontases.

Tue, 07/01/2014 - 21:02 | 4916026 nmewn
nmewn's picture

Its no wonder she was stuttering, her husband signed the Religious Freedom Restoration Act which is what Hobby Lobby sought relief under...lol.

Basically, without going into the whole history of it, the act is aimed at bureaucrats just like Sebelius & Obama, who take a law (any law) and add or subtract (things that were never in the law passed legislatively or by selective enforcement of things prohibited by it) from the law through the regulatory process ie the apparatchik nature of the executive branch.

Abortion pills were not in the bill passed by Congress, they were added by regulators (Sebelius & Obama) without going through Congress...in other words...by diktat, fiat.

Hobby Lobby was actually generous, they only opposed in court four of the diktats of Sebelius/Obama out of the twenty mandated by them...again, for which there was no legislation mandating the other sixteen.

Progressives and Sandra Fluke should shut up and savor their victory, for now ;-)

Tue, 07/01/2014 - 19:18 | 4915658 Stuck on Zero
Stuck on Zero's picture

It's really not Democrat vs. Republican it's government supported vs. private sector workers.  Government workers get the 5% yearly raises and think everything is bitchin. The others are paying for this mess.

 

Tue, 07/01/2014 - 18:52 | 4915525 Freddie
Freddie's picture

Dumb and evil.  I have a few distant relatives who voted for the one.  I will never speak to them again.  Anyone who did vote for him should jump off a building or get a nail gun.

Tue, 07/01/2014 - 18:54 | 4915532 midtowng
midtowng's picture

If a Republican was in the White House that graph would be reversed.

Wed, 07/02/2014 - 02:01 | 4916827 drendebe10
drendebe10's picture

Q:  How many democraps does it take to change a light bulb?

A:  "That's not funny and you're a racist."

Tue, 07/01/2014 - 18:11 | 4915400 intric8
intric8's picture

Democratic confidence, in other words those who voted obama lol

Tue, 07/01/2014 - 18:14 | 4915408 fonzannoon
fonzannoon's picture

I'd like to take a moment and direct everyone to the prediction in the comment from early this am

http://www.zerohedge.com/news/2014-07-01/second-half-kicks-futures-recor...

Tue, 07/01/2014 - 18:17 | 4915421 spekulatn
spekulatn's picture

No wonder the pastry chef is putting crack in the pies ;)

http://www.breitbart.com/Breitbart-TV/2014/06/30/Obama-Jokes-White-House...

Tue, 07/01/2014 - 18:17 | 4915422 Thirtyseven
Thirtyseven's picture

What happened in Oct 2013?

Tue, 07/01/2014 - 18:31 | 4915458 NoDebt
NoDebt's picture

Govt. shut-down.

Feels like that was 20 years ago at this point, doesn't it?

 

Tue, 07/01/2014 - 18:36 | 4915475 Colonel Klink
Colonel Klink's picture

Zerocare exchanges opened (HAHAHAHA) up on October 1, 2013

Tue, 07/01/2014 - 18:18 | 4915424 Chuck Knoblauch
Chuck Knoblauch's picture

Faith in crony capitalism is down?

Tue, 07/01/2014 - 18:23 | 4915437 ramacers
ramacers's picture

it's finally startin' to sink in that when the blood starts to flow there will be no exemptions.

Tue, 07/01/2014 - 18:26 | 4915447 NOTaREALmerican
NOTaREALmerican's picture

Well,   the lack of confidence is just reality oozing in.   

But,   the Blue Team's bullshit is second to none.  I'm sure they'll be able to create some outstanding bullshit about why the Blue Team is much better than the Red Team.  

Tue, 07/01/2014 - 19:54 | 4915787 Nick Jihad
Nick Jihad's picture

Hey, the oceans have stopped rising, and the planet has begun to heal, you ungrateful clod.

Tue, 07/01/2014 - 20:56 | 4916004 Harbanger
Harbanger's picture

Having a liberal MSM to demonize all opposition and cover up your lies, makes the blue team Bullshit seem outstanding.

Tue, 07/01/2014 - 18:34 | 4915471 Colonel Klink
Colonel Klink's picture

A graph that proves stupid is as stupid does.

Tue, 07/01/2014 - 18:38 | 4915486 Duc888
Duc888's picture

 

 

Hope and change and all that you assholes.

 

Shrub was just as bad, but at least we all knew he was a total cock up going into it.  With King O, ya got no background.

 

Yea,  a Junior Senator on the Senate banking committee with no background check and no college records.  This fuck stick couldn't even pass a "Real ID" check and deliver refrigerators for Sears.

 

 

Tue, 07/01/2014 - 18:41 | 4915493 grekko
grekko's picture

They got their change alright.  From the frying pan into the fire.

Tue, 07/01/2014 - 19:37 | 4915727 HalinCA
HalinCA's picture

Amen.

Tue, 07/01/2014 - 18:39 | 4915487 grekko
grekko's picture

If the Democrats are finally starting to figure this out there must be a God, because dumber critters I've never seen (I have comments for Repubs as well, but not posting them this time).

Tue, 07/01/2014 - 18:40 | 4915492 Duc888
Duc888's picture

 

 

NoDebt:Who are these idiot independents who think things are getting better?

 

That would be the paid Government Trolls infiltrating ZH.  Seems to be a grown industry.


Tue, 07/01/2014 - 18:57 | 4915528 Everybodys All ...
Everybodys All American's picture

How in the hell is this number not 100% or 0% depending how you look at it? You are talking historic failure everywhere in domestic and foreign policy and the US Constitution is being trampled in the process by a dictatorial wannabe.

Tue, 07/01/2014 - 19:58 | 4915807 Nick Jihad
Nick Jihad's picture

I don't know what the Dem's excuse is, but for the rest of us, Obama's incompetence provides reason both for worry and for hope.

Tue, 07/01/2014 - 18:54 | 4915533 surf0766
surf0766's picture

   You meant progressives.

Democrats no longer exist

Tue, 07/01/2014 - 21:11 | 4916033 Harbanger
Harbanger's picture

Liberals no longer exist in the Democrat party.  Old time Democrats like JFK would be right wingers today.  I don't know how the Dems got the Blue team label (to confuse) when they should have the Red Star.

Tue, 07/01/2014 - 18:55 | 4915541 GooseShtepping Moron
GooseShtepping Moron's picture

Now, not to be contentious, but I take this as proof that it DOES make a difference which party you vote for (if only indirectly), because the voters of the two respective parties have widely divergent views of reality, and this is certain to influence their candidates, their policies, and their decisions when in office.

So before we hear any more of that broadly diffused notion that there is no difference betwen the Blue Team and the Red Team, think back to this graph and ask yourself, "The views of which party's voters comport better with reality?" Then vote accordingly.

Tue, 07/01/2014 - 18:58 | 4915551 Spungo
Spungo's picture

I like how republican confidence is rising. I guess they own stocks.

Tue, 07/01/2014 - 19:42 | 4915743 PoliticalRefuge...
PoliticalRefugeefromCalif.'s picture

.."Off goes the head of the king, and tyranny gives way to freedom. The change seems abysmal.
 Then, bit by bit, the face of freedom hardens, and by and by it is the old face of tyranny.
Then another cycle, and another.
But under the play of all these opposites there is something fundamental and permanent — the basic delusion that men may be governed and yet be free.
The majority of men prefer delusion to truth. It soothes. It is easy to grasp. Above all, it fits more snugly than the truth into a universe of false appearances—of complex and irrational phenomena, defectively grasped"..

Henry Mencken.

  The Democrats are clearly delusional yet the Republicans have convinced themselves that Democrat dissatisfaction means they are somehow capable of winning.

  ..making them ironically even more delusional than the other side of that single coin.

  Neither party have any real consequence in the greater picture- both are mere proxies in a fundamental power grab of epic proportions.

Tue, 07/01/2014 - 19:03 | 4915581 Otto Zitte
Otto Zitte's picture

Extreme chart porn. Define democrat. I'm sure Pelosi is ecstatic with her billions she got selling out American business to China slave owners.

Bitch. 

Tue, 07/01/2014 - 19:03 | 4915584 robnume
robnume's picture

I don't know what reality you folks are living in, but there is only one party in the USSA. The MONEY party. Except for gubmint/military contractors, the economy was no better under Incurious George than it is under Obombya. ALL politicians are corrupt by nature.

Tue, 07/01/2014 - 19:19 | 4915662 bugs_
bugs_'s picture

Time for a change!

Tue, 07/01/2014 - 19:44 | 4915760 PoliticalRefuge...
PoliticalRefugeefromCalif.'s picture

  "Time for a change!".. Yes and this time let's include Hope as well..

Tue, 07/01/2014 - 19:25 | 4915682 Duc888
Duc888's picture

 

 

Goosestepping moron: Now, not to be contentious, but I take this as proof that it DOES make a difference which party you vote for (if only indirectly), because the voters of the two respective parties have widely divergent views of reality, and this is certain to influence their candidates, their policies, and their decisions when in office.

So before we hear any more of that broadly diffused notion that there is no difference betwen the Blue Team and the Red Team, think back to this graph and ask yourself, "The views of which party's voters comport better with reality?" Then vote accordingly.

 

Yes, VoteVote to get orally raped or anally raped. Please vote for the "lesser of two evils". 

Look at the "charts" over the last 30 years.  See a pattern there?

Both parties sold your ass.  The least you could do is acknowledge it.  Let it burn to the ground.  It will collapse under it's own weight.  No need for you to jump into the fray and push it over the falls, the barrels' journey has already been decided.  Entropy.

 The only people who will matter after that will be the producers, not the shifty money changers and their political puppet / hacks.  They will be B-B-Q'd.

Banksterz (and politicians) the "other white meat"

Yummy.


Wed, 07/02/2014 - 00:01 | 4916625 fattail
fattail's picture

Stop voting for the lesser of two evils.  Vote for the greater of the two evils, if you can identify it.  The faster we can send this rotten pos of a country over the edge and force real positive change the better.

Let's hit the reset button while we are young.

Tue, 07/01/2014 - 19:38 | 4915730 Dull Care
Dull Care's picture

Democrats are scary.

Tue, 07/01/2014 - 19:43 | 4915754 Duc888
Duc888's picture

 

 

Dull Care: Democrats are scary.

 

...as are people on the other "team".  People who can not spend the time to make the important decisions in their lives are scary.  People who hand over that power to other psychopaths are even scarier.


Tue, 07/01/2014 - 19:49 | 4915773 PoliticalRefuge...
PoliticalRefugeefromCalif.'s picture

Off topic or maybe not..

http://video.boeing.com/services/player/bcpid1173939806001?bckey=AQ~~%2c...

  ..wonderful.. a fully armed F-16 drone.. what could possibly go wrong?- it will come in handy when it's time to deliver munitions on the rebel cities of Plano Texas or Avondale Arizona, being piloted from Langley Va..

Tue, 07/01/2014 - 19:59 | 4915804 I need Another Beer
I need Another Beer's picture

I have my intrenching tool.99% of u posters won't last the cleansing. I will make a 1 way trip as a conscript of the new continental army.Please be scarce

Tue, 07/01/2014 - 20:01 | 4915818 Kurpak
Kurpak's picture

Have another beer

Tue, 07/01/2014 - 20:35 | 4915920 PoliticalRefuge...
PoliticalRefugeefromCalif.'s picture

  To be clear it's called an "E' tool- traditionally used after the bayonets have broken.

  ..and kid, I was actually issued one so I know what it's for- makes a nice one legged stool in a pinch.

Tue, 07/01/2014 - 21:38 | 4916149 moneybots
moneybots's picture

"Democrat Confidence In The Economy Tumbles To 2014 Lows"

 

It seems to me that their confidence should be sky high, since Obama wants to fundamentally change the U.S. into something akin to Venezuela's economy.  Or do democrat voters not understand what fundamentally change means?

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