Saturday, April 25, 2015

Consumer confidence
Consumers’ assessment of present-day conditions turned moderately less favorable for a second straight month. The percentage saying business conditions are “good” was unchanged at 26.7 percent, while those claiming business conditions are “bad” increased from 16.7 percent to 19.4 percent. Consumers were mixed in their assessment of the job market. The proportion stating jobs are “plentiful” edged up from 20.3 percent to 20.6 percent, while those claiming jobs are “hard to get” also edged up from 25.1 percent to 25.4 percent.

 Obama has added more debt (based on either total national debt or debt held by the public) than any of his predecessors.” Citing the U.S. Treasury “debt to the penny” Web site, Spicer noted that the gross national debt, which includes bonds held by Social Security and the other government trust funds, stood at $10.627 trillion on Jan. 20 and  reached $17.994 trillion on Dec. 3 — an increase of about 70 percent. In terms of debt held by the public, the number has doubled from $6.307 trillion to $12.932 trillion in the same period.

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