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Americans Lose Confidence as Economy Weakens
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FBN’s Neil Cavuto on the economy continuing to weaken despite President Obama’s efforts to boost recovery.
- Duration 1:31
- Date Sep 1, 2011
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FBN’s Neil Cavuto on the economy continuing to weaken despite President Obama’s efforts to boost recovery.
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We don't the president likes to talk about the big hole from which He dug this country out more than two years ago Fox Business alert as the president.
We're back get another look welcome everybody I'm Neil Cavuto and here's the deal it is now officials.
We are now -- -- as we were when Barack Obama of firms brought his old and changed.
Now little hope and just spare change you'll -- already heard about the consumers out of -- numbers.
Back to the lows they reached back in early 2009 but when the president first came into office now a business sentiment survey back to the same -- Down to roughly the same months.
And completing this hello it's Patrick to keep -- -- -- back in the same that same year slightly different month activity in the manufacturing sector.
Soaring to its worst reading since July 2009.
The institute for supply management reporting that its index.
Barely growing at all but fifty point 6% and continuing a summer -- -- That looks and feels a whole lot like the president's first summer.
In the White House so much -- that about that.
It's all the trillions in stimulus and rescues cash for clunkers and mistaken -- for convicts -- all the czar is overseeing rescues the didn't rescue.
And bailouts that themselves needed bailing out here is where we are.
Back to the same -- we -- all started.
So forget about the president talking about what a mess He inherited from the last president.
He might worry more about the depressing numbers he's now inheriting from but I guess himself.