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Consumer Confidence Is Plunging (& Soaring) As Democrats, Full-Time Workers Comfort Collapses

Tyler Durden's picture




 

In the face of a collapse in the conference board confidence and ongoing weakness in Bloomberg's consumer comfort index, UMich confidence rose on the month to 91.3 (despite fading from its flash 93.1 print). While baffle 'em with bullshit continues, we note that Democrats and full-time workers confidence is lowest in at least a year.

UMich is the outlier...

 

Close-up...

 

But Democrats are losing 'hope' and full-time workers questioning the American dream...

 

Charts: Bloomberg

 

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Wed, 11/25/2015 - 11:14 | 6837866 Glass Seagull
Glass Seagull's picture

 

 

Hence, the massive anti-depressant and anti-psychotic med use in America.

Wed, 11/25/2015 - 11:22 | 6837881 J S Bach
J S Bach's picture

Where do they get all this "consumer confidence" bullshit data?  What kind of question do they ask?  "Are you more confident and comfortable in spending this month compared to last year, Johnny?"  Who they hell remembers how they "felt" last year or even cares.  What they should ask is, "Do you notice how much more worthless your dollars are this year compared to last, Johnny?"  But, we wouldn't want to spark any independent thinking on the part of the plebs as to their monetary servitude, now would we?

Wed, 11/25/2015 - 11:29 | 6837962 rejected
rejected's picture

There is no inflation, or haven't you heard. Our central bank soldiers have been heroically doing everything they can to create inflation but to no avail. Your dollar has been getting more and more valuable,,, over 100 now! 

All those negative vibes!

Wed, 11/25/2015 - 11:27 | 6837945 Eirik Magnus Larssen
Eirik Magnus Larssen's picture

My grandfather recently remarked that: "In the 60s, people took Acid to make the world weird. Now the world is weird, and people take Prozac to make it normal." 

Wed, 11/25/2015 - 11:34 | 6837994 insanelysane
insanelysane's picture

Awesome observation!

Wed, 11/25/2015 - 11:15 | 6837872 MFL8240
MFL8240's picture

More laughable games!

Wed, 11/25/2015 - 11:16 | 6837879 SillySalesmanQu...
SillySalesmanQuestion's picture

Did they contact all 13 full time workers left for this survey...?

Wed, 11/25/2015 - 11:21 | 6837906 knukles
knukles's picture

Only 12 this month.  The other guy who runs the questionnaire survey for the North East was watching the Cotto Alvarez fight last weekend when he usually would have been filling in the answers by himself (easier than asking the other 12 folks) and since forgot about it.

Wed, 11/25/2015 - 12:00 | 6838169 trueFacts
trueFacts's picture

Everybody just getting their new bammacare premium notices, ... save up!

Wed, 11/25/2015 - 11:25 | 6837923 Smegley Wanxalot
Smegley Wanxalot's picture

Ha!  Trump is getting into the heads of those fucking dems.  They were all smug thinking that bitch hillary was going to be anointed queen.

Wed, 11/25/2015 - 11:25 | 6837936 xyzcracker
xyzcracker's picture

Not uncomfortable enough

Wed, 11/25/2015 - 11:27 | 6837943 Falling Down
Falling Down's picture

UMich must poll just the locals in and around Ann Arbor, or something.

Wed, 11/25/2015 - 12:10 | 6838214 Laddie
Laddie's picture

If White Americans KNEW what was going on they would not feel so, comfortable...

ALL job growth since 2000 was taken by immigrants:
http://cis.org/all-employment-growth-since-2000-went-to-immigrants

Teach For America Pledges to Recruit More Latino Teachers by Griselda Nevarez, NBC News Oct 22 2015

"We know that teachers who share the background of their students can have a profound additional impact," Carrizales said. "Latino teachers have a significant opportunity to serve as role models for their students and to build strong relationships with families through their shared culture and language."

The pledge by Teach For America to recruit more Latinos is in response to the White House Initiative on Educational Excellence for Hispanics' 25th anniversary call to action.
Teach for America has also recruited recipients of Deferred Action for Childhood Arrivals, a federal program that allows undocumented youth who came to the United States as children to stay and work temporarily. Carrizales, who was once an undocumented student herself, is now Teach for America's Director of DACA Corps Member Support.

More than 160 Asian-American Groups File Briefs in Support of Affirmative Action
Emil Guillermo, NBC News, November 3, 2015
More than 160 Asian American and Pacific Islander groups have filed amicus briefs calling for the U.S. Supreme Court to uphold affirmative action policies at the University of Texas at Austin.

Obama Welcomes DREAMERS in Spanish

Fury and Fear in Ohio as IT Jobs Go to India
IT workers are training their replacements

Why Chinese Moms Want American Babies Sophia Yan, CNN Money, February 8, 2015

American tech employees forced to train H-1B replacements

the third employee interviewed said it did not appear that the company was interested in keeping any of the IT workers targeted for layoffs, and they weren't being offered the chance to apply for other jobs. "They just want to get rid of us and clean house," said this IT worker, who now worries about keeping her home.

California imports foreign guest workers to process unemployment claims
A U.S. visa allows people to come to the country for high-tech jobs. Feb. 24, 2015 News10/KXTV

http://washtech.org/news/industry/display.php?ID_Content=5363

Another tech-worker, Diane Drozdowski, was forced out of her job at American Express in Phoenix, AZ. After her manager used "bully tactics and psychological warfare" to try to get her to quit, resulting in a mental breakdown, she was replaced by two Indian workers based in India. American Express flew these Indian workers to Phoenix and forced her to train them, upon threat of losing her severance pay.

Professor Kevin MacDonald’s ‘The Culture of Critique’ Reviewed

Wed, 11/25/2015 - 12:21 | 6838298 Chuck Walla
Chuck Walla's picture

@Laddie

FORWARD CULTURAL BALKANIZATION!

Wed, 11/25/2015 - 15:56 | 6839645 MisterMousePotato
MisterMousePotato's picture

Not Balkanization.

Genocide.

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