A new Gallup survey shows that consumer confidence has plunged to its lowest level since March of 2009. Apparently, the U.S. credit downgrade that followed a messy debt ceiling debate, both of which led to a plunging stock market all contributed to the souring mood.
On a related (and equally dismal) note, Rasmussen reported that nearly 70 percent of Americans think we’re still in a recession, this reading down only slightly from the time that the recession officially ended just over two years ago.
