August Consumer Sentiment Declines To 63.2 From 66 In July

It seems consumers are focusing on more than merely their 401(k) these days. Now it may be time for the administration to focus on jobs, wages, deflation, budget deficits, tax rates, burgeoning sovereign debt, sticky consumer debt, bankrupt states dispensing IOUs, wealth destruction and other items that actually impact the day to day lives of the US public.

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