US consumer confidence drops in December for 2nd straight month over fears of fiscal cliff

  • Article by: PAUL WISEMAN , Associated Press
  • Updated: December 27, 2012 - 3:09 PM
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  • 1 - 6 of 6
larrymickDec. 27, 1211:20 AM

The biggest issue with consumer confidence? Lack of confidence in our governmental "leaders" to actually make decisions and plans which will help the country vs. their own constituents/special interests.

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notforwardDec. 27, 1212:04 PM

Second straight month? Say, when was the election? Fiscal Cliff....huh? Love the excuses by the media.

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markapDec. 27, 1212:15 PM

It is time that our leaders learned that leadership involves compromise. In pandering to their special interests they are doing great harm to the rest of us.

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notforwardDec. 27, 1212:46 PM

My peers and I are college educated. We are in white collar fields and/or business owners. The "fiscal cliff" was created by insane spending by the Obama administration over the last four years. Obama's estimated deficit for year five is also 1 plus trillion in the red. Our lack of confidence has nothing to do with your made up attempt to deflect attention from the real factor, and that is Obama's results and the fact that he was re-elected. We will not be spending money. We will be in survival mode because if you actually think our economy will improve under this fool, you are sadly mistaken. You are going to get what you asked for, and you will continue to blame, deflect, and make excuses for your choices and his lack of vision. The most obvious clue was an unpopular massive tax bill that was touted as anything but a tax, pushed through without reading or understanding, and implemented to take awy more of YOUR OWN choices. One of the most ironic facets of this cluster F is two of your clueless heroes Amy and Al came out as "fighters" of the large medical device tax that was clearly spelled out in the very bill that they spearheaded through. This is what YOU PEOPLE asked for, so no whining!

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cman2500Dec. 27, 12 1:49 PM

The 12-member super committee created to slash the federal deficit and cut about $1.2 trillion in cuts,over 10 years.If we can't even cut 1.2 trillion over 10 years it's over for God sake what a joke.You think the markets and the nations that buy our debt are going to put up with this cluster mess indefinitely.No one wants anything cut the military,farmers,subsidies and tax deductions and on and on.We are all living in Fantasyland this whole thing is about to implode i hope it does at least we can start over..

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theagonybhoDec. 27, 12 2:28 PM

The situation were in now has more to do with the election than the cliff. People may have voted for Obama but are starting to see THEY may actually have to chip in, prepare for 4 years of no growth, elections have consequences.

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