Upon Obama's victory consumer confidence collapses:
And Small business confidence collapses:
According to a Gallup poll, American small-business owners became extremely pessimistic about their future prospects following the presidential election. After hitting a nadir in mid-2010, optimism had been growing steadily over the past two years. But in the last month, that positive trend has reversed.
According to a Gallup poll, American small-business owners became extremely pessimistic about their future prospects following the presidential election. After hitting a nadir in mid-2010, optimism had been growing steadily over the past two years. But in the last month, that positive trend has reversed.
Note at the first link the commentary: the mainstream press managed to hide the largest consumer confidence miss versus expectations in history in the footnotes. Can't have any bad news, wouldn't be good for the cause.
In 1937 after FDR won reelection, businessmen, bureaucrats and union thugs all realized that the New Deal regime was here to stay. The result was a depression within The Depression where all of the gains of the previous three years of ten percent annual growth were given back. History seems to be repeating itself.
Fortunately there are no gains in the last four years to give back. But that could just mean that we will sink deeper into the swamp that is Obamunism.
This is what happens in a taker's revolution. Just ask Argentina. Or great grand-dad.
Forweird!
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