Study: Consumer-Confidence Data Useless
(AP.org / News.Yahoo.com)
Basically, the article says that while people may be uncool with the economy, they may not let that sway them from buying a new car or going on a vacation if they want to. Therefore, surveys taken have no ability to predict anything but how people are feeling but not how they'll actually act on those feelings. So, when Bush, or any other politician tries to use consumer confidence as a way to measure his own success, don't believe the hype.
Just add this to that ever-longer list of things we humans have gotten horribly wrong.
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